J. Empyre on Nostr: Never be too cool not to ask an obvious question, change your opinion or go back to ...
Never be too cool not to ask an obvious question, change your opinion or go back to the drawing board.
Bitcoin is abstract and requires scaffolding.
Be a lifelong learner! 🔥⚡️🤙
I ended up here trying to answer my question above...
From your article: "Over time, people will realize that instead of pricing Bitcoin “from the system” that they live in today, Bitcoin will price everything in that system."
Took me a second to conceptualize it.
Goods/services will be priced in Bitcoin... based on supply/demand (and market) forces intrinsic to Bitcoin *itself; reflecting the natural deflationary effects of its limited supply and the principles of free market competition.
The lakehouse analogy makes sense.
It can be so mind-bending to break free from traditional economic models and the current pricing system.
Paired with AI and tech exponential growth, the value of BTC is going to melt faces. 🤯
Published at
2024-07-08 04:30:20Event JSON
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