If prices fall then that would mean the value of the dollar rises.
And in effect the real value of any debt denominated in dollars would also rise.
If the dollar rises, anyone with debt would become insolvent as they can’t afford to pay back their loans. And our entire debt based world would collapse.
It MUST inflate so that the debt becomes cheaper in real terms.
Meaning it MUST make your life exponentially worse.
Bitcoin allows prices to fall. Meaning it allows technology to lower the prices of everything and make our lives exponentially easier.
Everything (food, water & shelter) gets cheaper and eventually even free!
Thank you Jeff Booth (npub1s05…eyhe) for connecting all the dots in such a masterful way with ‘Price of tomorrow’
teetee / TT
npub1lf…cjq74
2024-09-30 00:08:55
in reply to nevent1q…9xqv
Author Public Key
npub1lf6lghftzw8h4xtlp3h2ahum4wlpf6sfstwkrps57wdy40x6ycksncjq74Published at
2024-09-30 00:08:55Event JSON
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"content": "If prices fall then that would mean the value of the dollar rises.\n\nAnd in effect the real value of any debt denominated in dollars would also rise.\n\nIf the dollar rises, anyone with debt would become insolvent as they can’t afford to pay back their loans. And our entire debt based world would collapse.\n\nIt MUST inflate so that the debt becomes cheaper in real terms.\n\nMeaning it MUST make your life exponentially worse.\n\nBitcoin allows prices to fall. Meaning it allows technology to lower the prices of everything and make our lives exponentially easier. \n\nEverything (food, water \u0026 shelter) gets cheaper and eventually even free!\n\nThank you nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe for connecting all the dots in such a masterful way with ‘Price of tomorrow’",
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