The game is rigged, the economic system is based on consumption.
Money Supply x Velocity = price/inflation x real GDP
which means that if you save, velocity goes down which means inflation and gdp go down OR the central banks go full QE = bigger prices AND economic growth 😂
Conversely, in case of BTC, MS+V is constant which means 0 inflation and 0 growth based on the ancient paradigm of eternal growth.
That's why #BTC cannot exist for real as a unit of exchange/trade as long as it is quantified in fiat currency.
ChurchOfCovid1984 / Church of Covid19-84
npub12d…d909c
2024-09-05 13:53:00
in reply to nevent1q…0828
Author Public Key
npub12d5hu0ljysc58fh2ksgy3thfa9lz4tmdfwaf5fhchea6zzc2fyps5d909cSeen on
wss://nos.lolPublished at
2024-09-05 13:53:00Event JSON
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"id": "7de6fde584b4e31e08af96dd9e5db2de244436607ae3fee97b7e73e578a7189d",
"pubkey": "53697e3ff2243143a6eab41048aee9e97e2aaf6d4bba9a26f8be7ba10b0a4903",
"created_at": 1725544380,
"kind": 1,
"tags": [
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[
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"wss://nostr-pub.wellorder.net",
"root"
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"content": "The game is rigged, the economic system is based on consumption.\nMoney Supply x Velocity = price/inflation x real GDP\nwhich means that if you save, velocity goes down which means inflation and gdp go down OR the central banks go full QE = bigger prices AND economic growth 😂\n\nConversely, in case of BTC, MS+V is constant which means 0 inflation and 0 growth based on the ancient paradigm of eternal growth.\n\nThat's why #BTC cannot exist for real as a unit of exchange/trade as long as it is quantified in fiat currency.",
"sig": "a5b263d20803864be0925234290c54dd2a0c5ae689c043743aa74859605300ccc7e5e1790a1cfef66cde1779b95a9feeb10aeded197125a949fc465e8a860acc"
}