volition
npub13j3y...9tpq
Life is the standard by which to judge good and evil | Objectivist
#nuclearenergy
Warning in Japan regarding new MRNA vaccine to be rolled out.
Japan issues dire warning for the ‘Covid Vaccinated’
Brighteon.com is a leading online free platform that empowers free speech, allowing individuals to freely share videos and express their thoughts w...
Free banking.
GN
Art that fits Bitcoin.
Bathsheba Sculpture - Bathsheba Sculpture LLC
I believe Bitcoin eliminates inflation, however not business cycles (boom and bust) that would continue, production and demand being affected weather.
However these cycles would be shorter as the economy could adjust faster to supply and demand differences, with less ability for government to distort efficient free market functioning.
Thoughts?
Bitcoin compared to gold.
Bitcoin:
- Scarcity (hardness): 21m coins
- Durability: Does not erode
- Portability: Globally transferable in minutes
- Recognizability: Easily confirmed by the blockchain
- Homogeneity: Every coin is essentially the same, noting production rarity and artwork can affect value (Ordinals).
- Convenience: Readily divisible and measurable.
Compared to gold, Bitcoin is superior in scarcity (new gold can be found), portability (heavy, difficult to transport distances), and convenience (hard to divide).
Reference:
OpenVAERS
Vaccine Excipients - OpenVAERS