Mischa on Nostr: Our assumptions about economics and money are based on a flawed understanding, ...
Our assumptions about economics and money are based on a flawed understanding, because we use a monetary system whose value is constantly changing due to money printing and debt creation. As a result, faulty conclusions arise since the unit of measurement we rely on is not stable. Bitcoin is the very first alternative to this system, offering a constant unit across our world. It has the advantage that it cannot be expanded and cannot easily be altered, making it a fixed unit of measurement that enables a more objective evaluation of values and economic processes.
#bitcoin #economics #changeperspective
Published at
2024-12-15 12:24:45Event JSON
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"content": "Our assumptions about economics and money are based on a flawed understanding, because we use a monetary system whose value is constantly changing due to money printing and debt creation. As a result, faulty conclusions arise since the unit of measurement we rely on is not stable. Bitcoin is the very first alternative to this system, offering a constant unit across our world. It has the advantage that it cannot be expanded and cannot easily be altered, making it a fixed unit of measurement that enables a more objective evaluation of values and economic processes.\n\n#bitcoin #economics #changeperspective",
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