i opted to utilize this protocol because the legacy monetary system is a pyramid scheme running on expired coupons and blind faith in printers that go brrr
tech doesn’t steal jobs long-term—it just moves human effort to new areas where we can still add value. plus, it makes stuff cheaper and more abundant for everyone.
excerpt by Mises from The Principles of Economics by @Saifedean Ammous
Excerpt from The Principles of Economics by @Saifedean Ammous
the economic cost of capital manifests by delayed gratification, destruction, depreciation and risk