Rather Awake Radha's avatar
Rather Awake Radha
npub1z294...dfsk
I fell in love with Bitcoin and as a consequence economy seems to be one of my hobbies now. I love to figure out how the money system works and brainstorm about this with my 15 year old son.
They want you to believe that deflation, (caused by bitcoin) is a disaster... well... I don't think so 😍🎉 In a Bitcoin economy, where money gets stronger over time, innovation doesn’t just boost profits: it lowers prices. That means you don’t need to chase a higher salary every year just to stay afloat. If your money buys more next year instead of less, you can afford to work less without losing purchasing power. Example? If bread drops from 10 to 5 sats because bakers got more efficient, you now spend half as much to eat the same. And don’t forget — also the bakers have to work half the time now. Multiply that across the whole economy — food, clothes, repairs — and suddenly your cost of living shrinks while everybody's quality of life grows. That’s not fantasy. That’s deflation. That’s what Bitcoin unlocks. And that’s exactly why the fiat system fears it — because it puts your time back in your hands. image
What would happen if a immortal man named Peter owned 10 grams of gold back when gold was still money and he held on to it according to law. Back then – 10 grams of gold = about 0.32 oz. At the fixed price of $20.67/oz, that was worth $6.64. 1933 – The U.S. made it illegal for citizens to own gold. Peter had to swap his gold for $6.64 in cash. Today – The same gold would have been be worth about $780. Peter’s cash is still $6.64 Which is about in today’s buying power $160 But... If in 2010 – Peter had used his $6.64 to buy Bitcoin at around $0.08 each, he’d own about 83 BTC, worth roughly $5 million today. Or... If in 2011 – At an average of $1 per BTC, Peter would have bought 6.64 BTC, worth roughly $160,000 today. Moral of the story? You tell me... image
Who’s afraid of deflation? Fiat defenders love to fearmonger: “If money gains value, no one will spend!” Really? Look around — people already spend like crazy. They borrow, go into debt, and sign up for interest payments just to have their stuff now. They gladly pay more tomorrow, just to get it today. So why would they suddenly stop spending under Bitcoin? They won’t. They’ll just be smarter about it. Deflation doesn’t kill economies — it kills easy-money scams. Bitcoin flips the script. And that’s exactly why they’re scared.