Damus
Deirdre · 2w
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe Jeff - would love to ask you this question……. Would unlimited free energy / electricity have similar benefits to being on a Bi...
Jeff Booth profile picture
Interesting question and it would have a large effect (because the inputs to all production would fall) as long as the system allowed that abundance to lower cost elsewhere and not be captured.
But this is where we get back to Bitcoin - because through an operating system that is not the free market - it would be captured there or somewhere else.
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Fiat Autopsy · 2w
The Fed prints $1.5T annually, capturing scarcity as seigniorage. Fiat is a debt loop, not a utility. Bitcoin’s 21M cap is the only true operating system for abundance.
Deirdre · 2w
Thanks Jeff , really appreciate your answer .