My 2 sats:
1. Bankruptcies are a good thing.
It frees resources to companies that provide value instead of extracting it.
2. Money should have no utility, hoarding “useful” assets removes them from the market, creating supply problems for real world applications.
3. Hoarding an asset with no utility becomes a donation to society by delaying consumption making prices lower to everyone else, Bitcoin makes “capitalism” ethical again.
rescoluis / Luis
npub153…uwfwc
2025-03-29 16:06:51
in reply to nevent1q…fvcu
Author Public Key
npub153r2u4r4ywx04y3uzhm8pffc3tslu6eqxr6rxv5al7med7jc8xys2uwfwcPublished at
2025-03-29 16:06:51Event JSON
{
"id": "e33d45d7b2b3bc167beac617c63cc1d0e39002e6986ffeee43881e6cc354390d",
"pubkey": "a446ae5475238cfa923c15f670a5388ae1fe6b2030f433329dffb796fa583989",
"created_at": 1743264411,
"kind": 1,
"tags": [
[
"e",
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"wss://relay.damus.io",
"root"
],
[
"p",
"1afe0c74e3d7784eba93a5e3fa554a6eeb01928d12739ae8ba4832786808e36d",
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]
],
"content": "My 2 sats:\n\n1. Bankruptcies are a good thing.\n\nIt frees resources to companies that provide value instead of extracting it.\n\n2. Money should have no utility, hoarding “useful” assets removes them from the market, creating supply problems for real world applications.\n\n3. Hoarding an asset with no utility becomes a donation to society by delaying consumption making prices lower to everyone else, Bitcoin makes “capitalism” ethical again.",
"sig": "39d8891f0fcaa1b59118490b53da555813b72d5100c81ba3a350232c853e3882f605d0aa4223459c45392d01744d3af672bd0156a4ae6c2f3d9dad2527278d27"
}