I just published, The Bitcoin Primer, A First Principles Guide to Money, Technology and the Case for Bitcoin.
I’ve had some success helping friends and family understand Bitcoin, so I wrote a simple primer for people starting from scratch.
It covers what money is, how our system works today, technology and deflation, and finally Bitcoin.
If it helps, share it with someone you care about.
https://t.co/JPTDPf5qhH
Bitcoin is a tool used to measure goods and services
AI + robitics will increase the amount of goods and services your BTC is measuring.
BTC is a fixed length measuring stick.
Prices of G&S fall as the supply of G&S increases.
The world is accelerating into AI + which is deflationary. Debt money is add odds with accelerating productivity. Oil and milk. Republicans and democrats.
Fiat expansion will track productivity expansion.
Nobody understand this which is why it is normal investors (who have a one year time horizon) would rush into AI stocks.
@kinetic_finance I think they were transparent they were going to retire their debt if you listened to the earnings call. Increases credit rating and good for the strc flywheel. Low coupon on the debt but high opportunity cost if having no debt accelerates strc