Why Nostr? What is Njump?
2023-06-09 02:18:51
in reply to

Crizzo on Nostr: Today I conducted an experiment where I asked people to check their USD physical cash ...

Today I conducted an experiment where I asked people to check their USD physical cash to see if we could find a paper bill that had been printed in 2018 or later. I had been checking my cash for a month and had yet to find one, I was starting to wonder if they had stopped making new bills!

I offered an increasing amount of sats to incentivize people to check their wallets until I maxed out at 50k. Nothing drums up interest like offering cold hard sats.

I was flooded with tens of responses saying they checked and couldn't find anything printed after 2017 until finally found a 2021 $1 bill.
I'll take them 50k sats off your hands!


Followed very shortly by with a '21 $5.
Holy Shit!
This was literally one of my very last bills I looked at!
Janet the Felon Fkn Yellen

The time has come for me to reveal why I just spent thousands of sats on this grand experiment...

🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁

I don't fucking know! This was way too unscientific and anecdotal to draw any conclusions from.

Could they be trying to cut down on circulating bills to prepare to issue a CBDC? According to the BEP they are printing just as much as they always have:
https://www.bep.gov/currency/production-figures/annual-production-reports

Where is all this freshly printed cash then?

Maybe the Cantillon Effect should be taken very literally and all the newly printed bills get distributed to billionaires and politicians first. Is all the freshest cash in Washington DC and just hasn't tricked down to us plebs yet? Who knows!

I thought this experiment might give me some brilliant insight, but it turns out it was just for fun. Best 50k sats I've spent.

#Bitcoin #plebchain #economics #grownostr #USpolitics #CBDC

Thanks for participating:





















Author Public Key
npub1ytezax9qxku0l975e3x9kd8xtn8v4cjcgv8wefrtz7c7324m3f0qd7559s