I’m writing this because I keep getting asked to comment on Saylor/Saif video even though my position hasn’t changed.
The natural state of the free market is deflation which means all prices fall forever in Bitcoin (assuming it stays decentralized and secure)
Free market economies are more productive meaning faster deflation (or real wealth gains by falling prices)
That system is incompatible with an inflationary monetary system meaning one of those systems must fail.
Either:
Jeff Booth /
npub145…2s7la
2024-12-21 12:28:52
Author Public Key
npub145xhyfndzc7g4h8dshru7kxlzgwndpnxm2easuwtfkkm7tmx7y5sy2s7laPublished at
2024-12-21 12:28:52Event JSON
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"content": "I’m writing this because I keep getting asked to comment on Saylor/Saif video even though my position hasn’t changed. \n\nThe natural state of the free market is deflation which means all prices fall forever in Bitcoin (assuming it stays decentralized and secure) \n\nFree market economies are more productive meaning faster deflation (or real wealth gains by falling prices) \n\n\nThat system is incompatible with an inflationary monetary system meaning one of those systems must fail. \n\n\nEither: ",
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}