heinz57's avatar
heinz57 3 weeks ago
It’s not complicated, I was curious what you meant by your first reply because what you said bitcoin doesn’t fix would be a somewhat unique opinion. I replied “huh…” because I was curious what perspective you had that made you feel that way. Then I looked at your note history and answered my own question.

Replies (1)

 BlueDuckBTC's avatar
BlueDuckBTC 3 weeks ago
Oh, it’s quite simple. I will lay it out for you and also no run from a discussion. Productivity per worker goes up. Profits go up. Number of dollars go up. Revenue goes up. Assets go up. Wages are stagnant. It’s not JUST a fiat problem. If it was, wages would be going up proportionately to the productivity, revenue, and dollar increases. This is not me asking…it’s more like a math problem unless you can explain wages not going up for me. So even if you have a scarce asset/commodity that does not automatically increase wages. Again, this is not left field idea…it’s basic math. But good question and thank you for asking, conversations work better that way.