According to Grok's "DeeperSearch" $5M Bitcoin by 2045 is realistic
Kurt
kurt@nostrplebs.com
npub17ssh...ctnr
privatize money #bitcoin
decentralize everything #nostr #selfhost
Notes (4)
It seems that if "AI works" as some expect, it will be a perfect time for an ultra-hard money like Bitcoin to step in.
AI itself will already be a hard driver in "productivity-driven deflation", the cost of goods going down due to increased efficiency, but business can still profit due to higher volume in people buying more. A deflationary money will also stabilize prices better than an inflationary money.
When people think of deflation they think of "demand-driven deflation", the kind we had in the Great Depression when prices went down because no one is buying anything.
In the case of productivity-driven deflation with a fixed money supply, the economy is likely to see falling prices, increased purchasing power, and real economic growth. Unlike deflation caused by weak demand (e.g., during a recession), this type reflects a healthy, efficient economy.
The only "catch" is being caught with too much debt as this burden can increase over time in deflationary conditions.
The American people should be completely skeptical of government officials, questioning and demanding answers at every turn to ensure politicians prioritize safeguarding citizens' liberty.
The federal government is not a charity, welfare system, or economic director.
It exists solely to protect and maximize citizens' rights to life, liberty, and property.
Anyone have any ideas what is going on here?
I keep getting "failed to zap" have a NWC connected to my Alby Hub. If I delete the connection to primal in alby hub and reconnect it zaps seem to work for a while, then stop working after some time.
Not sure what is going on