TheGuySwann on Nostr: I also didn’t say that “a bitcoin standard would humble any company trying to do ...
I also didn’t say that “a bitcoin standard would humble any company trying to do something at scale.”
That is not the statement when one says “fiat unnaturally benefits companies who grow off of constantly devaluing debts.”
It doesn’t mean scale isn’t naturally more economical. It is in most cases to a certain size and with agility being the opposing pressure. But fiat **subsidizes** bigness and causes bloat and waste across the board.
I’m not just saying that “everything will be small and big isn’t possible,” I’m saying the explicitly those things that aren’t sustainable but survive because they are huge and get subsidized debt and fake prices, THOSE corporations can’t sustain themselves. There is no way to know exactly which ones they are either, it’s just an educated guess. There is no control in this experiment and can’t be.
That is not the statement when one says “fiat unnaturally benefits companies who grow off of constantly devaluing debts.”
It doesn’t mean scale isn’t naturally more economical. It is in most cases to a certain size and with agility being the opposing pressure. But fiat **subsidizes** bigness and causes bloat and waste across the board.
I’m not just saying that “everything will be small and big isn’t possible,” I’m saying the explicitly those things that aren’t sustainable but survive because they are huge and get subsidized debt and fake prices, THOSE corporations can’t sustain themselves. There is no way to know exactly which ones they are either, it’s just an educated guess. There is no control in this experiment and can’t be.