Tomorrow nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe is coming back on nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8
The episode will be live-streamed *only* on Nostr at 3PM EST.
Let me know if you have any questions for Jeff about the Price of [Everything] 👇
https://bitcoinpodcast.net/podcast
Login to reply
Replies (3)
Oh sweet!
-ELI5 why scarcity in money creates abudance elsewhere
-ELI5 why an economy does not need a growing money supply
Venezuela libre
I've always wanted Jeff's take on what happens if we achieved something that removed scarcity. I'm thinking a star trek utopia where people work out of desire as everything is in abundance ideally because all things fell to the marginal cost of production as entrepreneurs created this over time through a BTC system.
As we get better at producing and creating things (on a hard money standard) the price falls and falls and the item only has a price as its limited in some way. If those limits are removed do we still use money?
I realize it's a thought experiment but I'd love to see if Jeff has any insights or shared curiosity on the topic + you can say the question came from nostr 😉