As a producer of goods, the closer you are to the raw materials, the more direct the value trade. Using Bitcoin really shines when that's the case.
Ceramics is the best example of this. At its core, it is dug up earth that's been formed into a usable shape that's fired for durability. The raw material can be sourced by any person (wild clay) and the production process yields many types of useful items that can be trade with others for value. Since you can obtain the raw material yourself, you don't experience fiat erosion.
As opposed to another craft, let's say, 3d printing. The maker is quite far from the raw materials of not just the item itself but the tools as well. Sure you can make money from the wares you make and sell but it is inescapable, at this point in time, to not have to convert some of those Bitcoin into fiat to maintain equipment and buy new material.
with that said, knitting wool hats, socks and blankets, puts me in kind of the middle. Not quite as direct farming or ceramics, but not as indirect as resin casting. Now if only I could raise some sheep and get my own wool processing facility up and running. a gal can dream ๐คฉ
Over the last few weeks Iโve gotten over my bitcoin podcast addiction. Lately, I now how an ancient history addiction: โTides of Historyโ great podcast.
Butโฆ the point. Itโs interesting that archeologists describe economic activity in ancient times as โcraft productionโ. They also describe how societies grow to gain โgreater complexityโ in their crafts and their cultures.
In a way I kind of see Nostr+Bitcoin following something of a similar path. Literally the most popular products in my feed would not be an uncommon line of work, 3000 years ago.
@Ben Justman๐ท out here making wine and shipping it across the Mediterranean to Egyptian kings
@npub1v0tf...3m3e really really loves Linen. So did the Egyptians. Cotton didnโt come around until much later.
@npub1zzmx...w5wy Idk did they use soap back then ๐งผ? I know they had tallow.
@Gigi the traveling philosopher, preaching the good word to kings until he wore out his welcome riling up the townsfolk
@npub172mu...5p3q living deep in the forest. Undisturbed except for when trekking into the village to find a trade.
I hope over time the goods available for sale using bitcoin and discovered and connected using Nostr keeps increasing in complexity, and value. We will break out of the โcraftโ stage at some point, there will be too much competition.
We will have an Industrial Revolution.
GN
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