A brief history of humanity in 19 works of art:
1. The oldest art in the world - these 41,000 year old hand-paintings in the Cave of El Castillo, Spain.
The craziest thing about my thesis that technology creates productivity and that productivity is deflationary is that people accept it...
then go right back into reinforcing a monetary system that operates in reverse.
(w/o predicting the consequences of their actions)
#Bitcoin
1) A productive economy does NOT require inflation.
2) A system built on credit DOES require inflation.
These are different things....conflated to protect those that benefit most from #2.
3) But history proves #2 always destroys #1 because of human nature.
#Bitcoin
Bitcoiners don't really care whether you get it or not. We'll explain it to you once. If you're someone who asks a lot of questions and has a basic understanding of math, you'll probably learn fast. If not, you'll shift to altcoins. Either way, nature takes its course. #bitcoin
The fiat rat-race:
Make debt so you can go to collage and climb the business ladder to work 50 years for a couple of weeks vacation, while your hard-earned money is devalued so that you can never break out of this vicious circle.
Modern Monetary Slavery. #Bitcoin fixes this.
Gives me @JeffBooth vibes, I like it. Interestingly, the video was made in partnership with @wef. Dw i downloaded the video in case they realize what they just released lmao 😂 thanks for the video @TEDTalks! 🙏
- in such an economy, people would be theoretically less dependent on their jobs to earn their living or get healthcare, so it might be more feasible to scale down production of things deemed less necessary
- but this raises other questions: who gets to define what's necessary?