starvethebeast on Nostr: If prices fall then that would mean the value of the dollar rises. And in effect the ...
If prices fall then that would mean the value of the dollar rises.
And in effect the real value of any debt denominated in dollars would also rise.
If the dollar rises, anyone with debt would become insolvent as they can’t afford to pay back their loans. And our entire debt based world would collapse.
It MUST inflate so that the debt becomes cheaper in real terms.
Meaning it MUST make your life exponentially worse.
Bitcoin allows prices to fall. Meaning it allows technology to lower the prices of everything and make our lives exponentially easier.
Everything (food, water & shelter) gets cheaper and eventually even free!
Thank you Jeff Booth (npub1s05…eyhe) for connecting all the dots in such a masterful way with ‘Price of tomorrow’
And in effect the real value of any debt denominated in dollars would also rise.
If the dollar rises, anyone with debt would become insolvent as they can’t afford to pay back their loans. And our entire debt based world would collapse.
It MUST inflate so that the debt becomes cheaper in real terms.
Meaning it MUST make your life exponentially worse.
Bitcoin allows prices to fall. Meaning it allows technology to lower the prices of everything and make our lives exponentially easier.
Everything (food, water & shelter) gets cheaper and eventually even free!
Thank you Jeff Booth (npub1s05…eyhe) for connecting all the dots in such a masterful way with ‘Price of tomorrow’