Matthew D

Matthew D's avatar
Matthew D
MatthewD@nostr.ly
npub1z3h8...760f
Dreaming of a front porch fit enough for banjo plucking. Specializing in forestry and agriculture for over a decade.
Bitcoin is not guaranteed to go up in value over time, especially at maturation. It's floating value replaces the money printer and centralized elasticity of the money. This is key, and should be talked about more. The value of the network is based on our actions collectively.
Thought I had relating to Mises regression theorem and United States as a consumer economy. I believe in the theory Mises states that consumables have a big role to play in a money monetizing. So it would stand to reason that the United States being a consumer-based economy would be the likely place for Bitcoin to monetize the most effectively transitioning from a store of value to a medium exchange. Kick-started by small businesses carving out niches and attacking the margins of the big centralized monopolies. Delivering goods and services that are higher quality for lower prices. Open to critique, or further questions about this idea train.