balajis on nostr

Recent Notes

balajis

@balajis 1755011748

Bitcoinaire > billionaire.

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IntuitiveGuy☯️ · 47w

Key Owner > billionaire.

Globe99 · 47w

Hey, it's that guy!

Steven Black · 47w

Would love to hear you on a podcast where the interviewer isn't an A16Z flack lobbing softballs at you, and collegially agreeing with everything you say. Must be nice to never have your thinking challenged in public conversation

ck · 47w

Sent you generational wealth

Why are you not posting more insightful stuff? Coming here to water down the signal in more noise is not how I want Nostr to end up with. It needs self-discipline to keep this a high signal low noise place. May I ask you what your thoughts are on Monero, currently? Adversarial environments encoura...

Andrew Barnwright · 47w

Great rip on nostr:nprofile1qqs2auxkkgfgylem580xrztp8ek5sf83s86k0vfq2feuz6y4lkhskgcpp4mhxue69uhkummn9ekx7mqpzpmhxue69uhkummnw3ezuamfdejs9edzk0 recently 🤙

Roast Duck · 47w

Tax the billionaires is a useful distraction for now. The Socialist meltdown when they realise their neighbour is a Bitcoiner and their fiat leverage has evaporated will be epic.

SuiGenerisJohn · 47w

Soon™️

Sam · 47w

One is destined to be easier over time, the other is the opposite.

Deleted Account · 22w

balajis

@balajis 1754943909

When Bitcoin wins…

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Freedom Technology · 47w

https://www.vcinfodocs.com/venture-capital-extremism

SuiGenerisJohn · 47w

Sup homie: #shoeonhead

The Crown · 47w

A new cohort of people can begin to enact change in their eyes…

PDJ · 47w

When Bitcoin wins, work is whatever excites you.

Toxic Bitcoiner · 47w

Shitcoiners like you and their VCs will be done scamming.

Ryan Finlay · 47w

money returns to math and fixed supply, people will be able to save again, low time preference will return.

mahue93 · 47w

… humanity experiences the benefits of true deflation for the next thousand years.

nostrich · 47w

...financial privacy will be gone. As much as we like NGU here we defend our right to privacy which is held up through Monero that is under constant assault for 7 years straight.

paolo · 47w

it’s been a long time. hope to see you more active on here.

Shay · 47w

...it will elevate the quality of goods and services, creating high-trust societies where people engage in transactions with confidence, while getting rid of bureaucracy and bullshit jobs that do not create real value.

S!ayer · 47w

Fake Balaji

Bfgreen · 47w

I will tell everyone “I told you so!”

corndalorian · 47w

…you’ll be too late.

Deleted Account · 47w

we all win

Deleted Account · 47w

nostr:nevent1qqsfr3zyjg7yfcldw36qtg7wg8wz5c4624jjclvyhd5rfdaxr4qxqvcprfmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9ukqmcst48

Laan Tungir · 47w

Missed you. Come home.

Wasted Potential · 47w

What made u post this after a year bro ? Checking #nostr pulse? It’s alive.

balajis

@balajis 1707264266

SUPERBITCOINIZATION IS ALREADY HERE

“Normal” inflation is 2% per year.
Or roughly 0.2% per month.
And hyperinflation is 50% per month.
So, we aren’t there yet.
It’s all fine!
But is it?

What if we define something in between?
Call it superinflation.
Say superinflation is 5% per month.
In that case…
BTC has appreciated >20000% vs USD.
Over a ten year period.
That’s a monthly rate of >8.6%.

That means the dollar has devalued against Bitcoin by more than 5% per month on average for ten years.

So: yes, hyperbitcoinization hasn’t hit yet.
But superbitcoinization is already here.
We’ve been living through it.