Why Nostr? What is Njump?
2023-04-14 21:05:53
in reply to

Des Imoto マキシ on Nostr: Boeing, for example, would not exist in a Bitcoin economy. Subsidized and bailed out, ...

Boeing, for example, would not exist in a Bitcoin economy. Subsidized and bailed out, we still fly in 1949s technology. Had we spent the trillions of dollars on actual ROI, who knows. We’d be flying in individual drones. Tesla is another example, pumped by VCs, subsidized by Wall Street. Battery technology is its Achilles heel. Bitcoin scarcity has fatal consequences for capital misallocation.
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