Laeserin on Nostr: Another weird dynamic is that requiring less human labor overall makes the value of ...
Another weird dynamic is that requiring less human labor overall makes the value of each unit of that labor higher, as less-productive labor leaves the market and the average price rises.
If you have a rotten tooth and suffer incredible pain and are slowly being poisoned by it, and there's only one dentist available, how much is his labor worth?
Well, how much Bitcoin you got? 🤔
Published at
2025-01-07 20:55:22Event JSON
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"content": "Another weird dynamic is that requiring less human labor overall makes the value of each unit of that labor higher, as less-productive labor leaves the market and the average price rises.\n\nIf you have a rotten tooth and suffer incredible pain and are slowly being poisoned by it, and there's only one dentist available, how much is his labor worth?\n\nWell, how much Bitcoin you got? 🤔",
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