RootHodl's avatar
RootHodl
roothodl@nostrplebs.com
npub1w2qx...d04k
Printer | Banana Bread Super Fan | Soil Builder
RootHodl's avatar
RootHodl 2 years ago
Feels like total abundance of goods is declining. It’s not the 21 million I’m worried about, it’s the everything part.
RootHodl's avatar
RootHodl 2 years ago
Once bitcoin fully monetizes it won’t be an investment at all. Bitcoin is a savings technology. Investments should have growth or cash flow build in.
RootHodl's avatar
RootHodl 2 years ago
Can you build something that a person in a developing country would value enough to allocate capital towards?
RootHodl's avatar
RootHodl 2 years ago
If fiat was a cop then crypto would be robocop
RootHodl's avatar
RootHodl 2 years ago
Does bitcoin as money provide stronger incentives for better capital allocation or better capital formation?
RootHodl's avatar
RootHodl 2 years ago
Is it be more effective to refer to shitcoins as fiat or to refer to fiat as a shitcoin?
RootHodl's avatar
RootHodl 2 years ago
Proposed new meaning of the word fiat: to describe the degree to which any item or action is not efficiently utilizing productive resources.
RootHodl's avatar
RootHodl 2 years ago
Would you rather have a mempool, a mining pool or a swimming pool?
RootHodl's avatar
RootHodl 2 years ago
Bitcoin incentivizes value oriented productivity. But “bitcoin fixes this” sounds better
RootHodl's avatar
RootHodl 2 years ago
Imagine how much destruction would be involved in a transfer of power to the level nostr transfers power of expression and information if it was done through some traditional type of revolution.
RootHodl's avatar
RootHodl 2 years ago
Everything on Twitter seems so much more fiat after being on nostr for a while.
RootHodl's avatar
RootHodl 2 years ago
Normalize saying purchasing power instead of money. Until the money is fixed
RootHodl's avatar
RootHodl 2 years ago
Imagine if store of value was considered by people as frequently as medium of exchange was on a daily basis.