Uncertainty should be solved by money. Money also spawns capital. And Capital creates uncertainty
Fiat is not money because it doesn’t solve for uncertainty and it destroys capital
@Marty Bent hypothetical (based on musings by Dave Collum)
Inflation and end of credit cycle squash equity valuations back to historical trend and briefly below in the 2030s
All the financial engineering such as indices, buybacks etc fail to attract enough capital to sustain monster valuations. NVDA etc crash back to reasonable P/E.
Can you imagine how much salt there will be with BTC $2M S&P $2000
@OpenSats@ODELL 30K PLEBS GIVING 10K SATS PER DAY CAN FULLY FUND 100-200 FULL TIME LONG TERM GRANTS WE DONT NEED SUITS WE JUST NEED A SMALL MINORITY OF PLEBS TO SUBSTITUTE STARBUCKS FOR FREEDOM TECH
@ODELL@Marty Bent I don’t think I’m being hyperbolic when I say that @calle or any others working on Fedimint applications are the most crucial piece of the puzzle rn. The dystopian surveillance state is closing the doors quickly here