GrimdarkStoic on Nostr: Hopeful that jack reads this. Think analogous to stock splits w/ fixed equity value. ...
Hopeful that
jack (nprofile…zj6n) reads this. Think analogous to stock splits w/ fixed equity value. Am convinced Block is the best platform to lay the underlying foundation for BTC to be used in lieu of fiat across all geographies. Agree with OP that there has to be smaller and smaller units of BTC available to use.
If one day true global adoption occurs, I wonder if the theory that humanity's productivity gains -> deflation (with fixed transactional "value" base) -> incremental utility spread more evenly across humanity
Side Bar: I'm sure there's a "catch" somewhere (e.g., sovereigns cannot as quickly gather capital (by making it up) to address an immediate problem). But we have a relatively long period of time to work these bugs out.
Published at
2025-05-04 03:16:00Event JSON
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"content": "Hopeful that nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyehwumn8ghj7mnhvvh8qunfd4skctnwv46z7ctewe4xcetfd3khsvrpdsmk5vnsw96rydr3v4jrz73hvyu8xqpqsg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q8dzj6n reads this. Think analogous to stock splits w/ fixed equity value. Am convinced Block is the best platform to lay the underlying foundation for BTC to be used in lieu of fiat across all geographies. Agree with OP that there has to be smaller and smaller units of BTC available to use.\n\nIf one day true global adoption occurs, I wonder if the theory that humanity's productivity gains -\u003e deflation (with fixed transactional \"value\" base) -\u003e incremental utility spread more evenly across humanity \n\nSide Bar: I'm sure there's a \"catch\" somewhere (e.g., sovereigns cannot as quickly gather capital (by making it up) to address an immediate problem). But we have a relatively long period of time to work these bugs out.",
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