mozharov on Nostr: Here’s what I’ve learned while studying the nature of money and economics: — ...

Here’s what I’ve learned while studying the nature of money and economics:

— Inflation destroys the #economy. It is by no means a "driver of progress."
— Deflation does not harm the economy, but rather stimulates it.
— Anything can become money.
— #Bitcoin is the safest asset in the world. Apparently, it’s also the most efficient.
— Everything depreciates relative to Bitcoin. The purchasing power of Bitcoin will always increase relative to any goods.
— Bitcoin is the first strictly limited resource in the world.
— Bitcoin is the perfect form of money. The world always gravitates toward the best form of money.
— Bitcoin will become the only global currency. Everything will be measured in bitcoins. Bitcoin devalues other currencies.
— In a free market, there are no "monopolies."
— Nothing allocates resources better than a free market. Any attempts to control the market and prices inevitably lead to consequences and inefficient resource allocation.
— Sovereign money reduces the incentives for violence. The benefits of war tend to zero.

That’s it. What do you think? Feel free to comment, ask questions, or debate.