Vlad on Nostr: bitcoin couldn’t exist in the absence of a fiat economy not just because it ...
bitcoin couldn’t exist in the absence of a fiat economy
not just because it wouldn’t be necessary under a gold standard
but without money printing incentivizing investors to beat inflation, it would take much longer to mass produce computers & spread internet adoption
Published at
2024-11-12 18:04:02Event JSON
{
"id": "1c2105bcad64e6643e3e0707ff798806fc84c251b8f5404deeaa1c4971159692",
"pubkey": "50054d07e2cdf32b1035777bd9cf73992a4ae22f91c14a762efdaa5bf61f4755",
"created_at": 1731434642,
"kind": 1,
"tags": [],
"content": "bitcoin couldn’t exist in the absence of a fiat economy \n\nnot just because it wouldn’t be necessary under a gold standard \n\nbut without money printing incentivizing investors to beat inflation, it would take much longer to mass produce computers \u0026 spread internet adoption",
"sig": "2e93299f9372c3e8b62d2485270852373c11269fe8cc7e7c85f0b3872e6f5aa59fc0cbb59a25fe012c945e5ae25207009864e47f25a02641e42941d7320a8831"
}