khan on Nostr: Crazy timing. So, today I had to work on impairment of investments for a client. And ...

Crazy timing. So, today I had to work on impairment of investments for a client. And at the end, I had a discussion with my manager. See, if everything was valued in a stable unit of account say #bitcoin, we would not need to waste a lot of our time and energy on ‘evaluating one evaluation already performed by another consultant’ for our client. He was astonished at first and rather mocked me. Then I quoted the money inflation during last century (current unit of account). And that the natural state of free market is deflationary and so on. He was really amazed and convinced with the idea (but not #bitcoin). We are so early. Hell lot of people needs education