freeborn | ελεύθερος on Nostr: ...that only happens in a #deflationary environment e.g., "1 sat is too valuable for ...

...that only happens in a #deflationary environment

e.g.,

"1 sat is too valuable for this dozen eggs...we need LOWER PRICES..."

When this realizatian clicks...

quoting nevent1q…wen0

Yes, Peter Schiff actually just made the claim that #Bitcoin isn’t scarce because you can divide them into satoshis 😂

As the old saying goes: “Give a man a fish and he’ll eat for a day. Cut a fish into a 100 million pieces and he’ll eat for 100 million days.”

Honestly kudos to jackmallers (npub1dmc…utjm) for not breaking out in laughter.