Boil it down to it essentials<\/p>\n\n\n\n
Ability for money to hold its value into the future?<\/p>\n\n\n\n
I think one of the critical things to understand and assess and appreciate and consider his ability for your current money to total value into the future<\/p>\n\n\n\n
Low spatial salability<\/p>\n\n\n\n
Transfer value across space;<\/p>\n\n\n\n
\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc
Easy fiat tokens bribe<\/p>\n\n\n\n
Stimulus checks and minimum wage increases are just bribes ?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Economic productivity, economic reward?<\/p>\n\n\n\n
Political allegiance\u00e2\u20ac\u00a6 We have to think about economic productivity<\/p>\n\n\n\n
Scarcity is natural<\/p>\n\n\n\n
Time preference and decision making<\/p>\n\n\n\n
Immutable open source package<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Bitcoin is a hard asset, debt free.<\/p>\n\n\n\n
Don\u00e2\u20ac\u2122t incentivize debt issuance<\/p>\n\n\n\n
Great society<\/p>\n\n\n\n
The new prosperity<\/p>\n\n\n\n
Politics and money should be separate!<\/p>\n\n\n\n
Fiat node<\/p>\n\n\n\n
Mandatory malware<\/p>\n\n\n\n
Taxes in local \u00e2\u20ac\u0153fiat coin\u00e2\u20ac\u009d<\/p>\n\n\n\n
.<\/p>\n\n\n\n
I don\u00e2\u20ac\u2122t think anyone fiat or the fiat system, but most people just throw up their hands and shrug their shoulders and just think \u00e2\u20ac\u0153well, it\u00e2\u20ac\u2122s the best \u00ef\u00bf\u00bcwe got?\u00e2\u20ac\u009d\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n
No! We got Bitcoin!<\/p>\n\n\n\n
L<\/p>\n\n\n\n
Second layer token, derivative of the dollar<\/p>\n\n\n\n
Algorithmic adjusting<\/p>\n\n\n\n
Adjustment<\/p>\n\n\n\n
Capital > Credit<\/p>\n\n\n\n
Bitcoin is real<\/em> capital Capital from savers<\/p>\n\n\n\n Why save?<\/p>\n\n\n\n Save bitcoin, save your bitcoin!<\/p>\n\n\n\n Life is finite, time preference is positive<\/p>\n\n\n\n Harden our monetary media<\/p>\n\n\n\n L<\/p>\n\n\n\n .<\/p>\n\n\n\n Saving is good<\/p>\n\n\n\n Durable goods<\/p>\n\n\n\n Universal debt slavery \u00ef\u00bf\u00bc<\/p>\n\n\n\n .<\/p>\n\n\n\n 100M Satoshi is 1 Bitcoin<\/p>\n\n\n\n .<\/p>\n\n\n\n Enormous incentive to increase debt<\/p>\n\n\n\n More monetary tokens<\/p>\n\n\n\n Holding durable goods<\/p>\n\n\n\n Lower your time preferences ?<\/p>\n\n\n\n Capitalist ventures<\/p>\n\n\n\n .<\/p>\n\n\n\n ,<\/p>\n\n\n\n Carry the risk of loss, but \u00ef\u00bf\u00bc\u00ef\u00bf\u00bcincreases in productivity<\/p>\n\n\n\n You never spend your gold coins!<\/p>\n\n\n\n Gold coins > Property<\/p>\n\n\n\n .<\/p>\n\n\n\n Invest and accumulate capital<\/p>\n\n\n\n How to break the debt chain?<\/p>\n\n\n\n .<\/p>\n\n\n\n Stack debt obligations?<\/p>\n","protected":false},"excerpt":{"rendered":" Boil it down to it essentials Ability for money to hold its value into the future? I think one of the critical things to understand and assess and appreciate and consider his ability for \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-639659","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/639659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=639659"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/639659\/revisions"}],"predecessor-version":[{"id":639660,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/639659\/revisions\/639660"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=639659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=639659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=639659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
.<\/p>\n\n\n\n