ronniesamuel on Nostr: The natural state of any free market is deflation and Technology itself is ...
The natural state of any free market is deflation and Technology itself is deflationary because prices fall to the marginal cost of production. Bitcoin is imposing its decentralized, secure, immutable blockchain rules, and repricing everything. Since Bitcoin is an honest ledger, Bitcoin does not care because everything will be repriced in it. The train has already left the station. Don’t trust, verify. 🍊💊🫡
Published at
2024-02-28 10:26:22Event JSON
{
"id": "c05f3cf8321c22b8453dbe635b1aa2012f410e99f2d3b0b9ce387f5528a1b37d",
"pubkey": "04420f90c2be5abc8e8c451c861159eab21cc01fae0de2c12f1c0d609bda1bcd",
"created_at": 1709115982,
"kind": 1,
"tags": [
[
"e",
"94cb4b6726918efbd492c008b5050ac543dca927cacd781f5b172cab628ebe16",
"",
"reply"
],
[
"p",
"efe5d120df0cc290fa748727fb45ac487caad346d4f2293ab069e8f01fc51981"
],
[
"e",
"94cb4b6726918efbd492c008b5050ac543dca927cacd781f5b172cab628ebe16",
"",
"root"
]
],
"content": "The natural state of any free market is deflation and Technology itself is deflationary because prices fall to the marginal cost of production. Bitcoin is imposing its decentralized, secure, immutable blockchain rules, and repricing everything. Since Bitcoin is an honest ledger, Bitcoin does not care because everything will be repriced in it. The train has already left the station. Don’t trust, verify. 🍊💊🫡",
"sig": "bc2354b6d62f302baf0ea8b861bab6b2361ac99b6e223b87a865c1cfb558535161ab56cfd0d7682b18884913b1b5cb740666a56c9ac87089ca5cb058ca00987f"
}
