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2024-09-27 18:57:14

Asanoha on Nostr: “I think what death means to life, Bitcoin will do for money. Meaning, the only ...

“I think what death means to life, Bitcoin will do for money. Meaning, the only reason I value my life in the way that I do is because I know for certain that I am going to die.

If I could live forever I’d go to the gym in a hundred thousand years, I’d look to have a relationship and build family in a million years, I’d eat donuts for the next ten thousand years, and think about a better diet in the ten thousand-and-first year.

Time as a resource is infinite, but my time isn’t, it’s the fact that my life is finite and has a fixed supply that allows me to value today.

If there’s infinite amounts of dollars, or infinite amounts of gold, how do you value the paycheck you’re getting now? Bitcoin as the only finite money we’ve ever discovered, is what death is to life, it allows us to value today.

It not just about money’s competing and the new kid on the block being the victor, but about what it does to the world, fix the money fix the world. If all of a sudden we can value our time and energy with a finite resource, what does that do to our time preference? What does that do to our ability to transport value into the future, what does that do to our ability to value the future, and place a premium on tomorrow versus today?

I think we reintroduce the middle class, I think the wealth gap closes, I think relationships strengthen. I think we get a lot more peace, human flourishing. I think we enter a chapter of our species that will be looked back upon as pivotal and historic.” - Jack Mallers

https://www.tetragrammaton.com/content/jack-mallers
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