CitadelSeed on Nostr: Me: the only 2 things that are truly scarce are bitcoin & time. Name me anything else ...
Me: the only 2 things that are truly scarce are bitcoin & time. Name me anything else in the world that’s supply won’t change relative to it’s price
Him: Saffron
Me: no but if the price of saffron goes up 10x, the free market will grow a fuck load more saffron.
Him: but if all the land on earth was used to grow saffron, and all the people that used to live on that land were killed to grow more saffron, it’s supply wouldn’t change relative to it’s price.
Me: but there wouldn’t be a price if there were no people left to buy the saffron. Wait wtf…who is going to grow the saffron if no people are left?
Him: Saffron
Me: no but if the price of saffron goes up 10x, the free market will grow a fuck load more saffron.
Him: but if all the land on earth was used to grow saffron, and all the people that used to live on that land were killed to grow more saffron, it’s supply wouldn’t change relative to it’s price.
Me: but there wouldn’t be a price if there were no people left to buy the saffron. Wait wtf…who is going to grow the saffron if no people are left?