Damus
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HODL
@HODL
On a bitcoin standard, the only way to justify higher prices is to deliver more value.

With fiat, the easiest way is to deliver less value while charging more.
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MAV21 · 31w
Fiat incentives less quality products Don’t understand why Normies don’t see this
Stack Jarrow · 31w
Fiat = value go down technology as people are pushed ever so much to wring out every last cent of value often by cutting corners. People are almost forced to scam others just to keep afloat
Alfore · 31w
Only non-kyc and non-custial and peer to peer. Otherwise taxation and coercion / redistribution can achieve lead to deliver less and charge more. It will fail quicker but still possible.
Benking · 31w
Bitcoin means economic justice, fiat means playing with people’s trust.
Eric FJ 🪬⚡️ · 31w
Many bestselling fiat books have been written on how to deliver less value and charge more
Mathias · 31w
Hearhear⚡️
Justin B · 31w
In other words, Bitcoin has great genes?
AnnSofiNovelist · 31w
Selling my books for bitcoin, I actually adjusted my price down, due to bitcoins deflation! At the moment, bitcoin is already growing so, if I wanted to upp my prices, I'd definitely feel like I needed to add a lot more value, first to keep the same price, and then to even increase it in bitcoin t...
Kyle Huber · 31w
True. Fiat forces businesses to either price out customers over time or lower the quality. Bitcoin forces companies to lower prices or increase quality
fountainhead · 31w
Nuance, but it’s worse than that: On a bitcoin standard, the only way to justify current/non-falling prices is to deliver more value.
Madosatoshist · 28w
Bitcoin is the only money that works.