StackSats on Nostr: Accumulating capital enhances productivity and reduces time preference, fostering a ...
Accumulating capital enhances productivity and reduces time preference, fostering a self-reinforcing cycle we refer to as civilization.
Fiat weakens or even reverses this process.
In contrast, #Bitcoin intensifies the civilization-building process.
Published at
2024-10-14 18:49:29Event JSON
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"content": "Accumulating capital enhances productivity and reduces time preference, fostering a self-reinforcing cycle we refer to as civilization. \n\nFiat weakens or even reverses this process. \n\nIn contrast, #Bitcoin intensifies the civilization-building process.",
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