You may find this book interesting (don't worry, it's not about bitcoin 😉)
www.amazon.com/Price-Tomorr...
You may find this book interesting (don't worry, it's not about bitcoin 😉)
www.amazon.com/Price-Tomorr...
But everything only seems to be going up if you measure in a devaluing fiat money. When you measure in something that isn't constantly devalued (gold, real estate, bitcoin) everything only goes down in price as efficiency goes up (tech,innovation)
But everything only seems to be going up if you measure in a devaluing fiat money. When you measure in something that isn't constantly devalued (gold, real estate, bitcoin) everything only goes down in price as efficiency goes up (tech,innovation)
It's just wealth that's transferred from people who save in fiat money to people who save in Bitcoin. It doesn't increase total consumption and I'd argue it delays consumption
It's just wealth that's transferred from people who save in fiat money to people who save in Bitcoin. It doesn't increase total consumption and I'd argue it delays consumption
Fiat money rewards debt and encourages people to spend it and consume stuff.
Inflation is a wealth transfer from people who save to people with debt
Fiat money rewards debt and encourages people to spend it and consume stuff.
Inflation is a wealth transfer from people who save to people with debt
The unfortunate side effect is they now have more time and money than they know what to do with
The unfortunate side effect is they now have more time and money than they know what to do with
The reason that Bitcoin (not crypto) gets more valuable over time is because, apparently, people think it's a credible alternative
The reason that Bitcoin (not crypto) gets more valuable over time is because, apparently, people think it's a credible alternative
Just one xample: this study, that you quote yourself for the energy use estimates, clearly states that the majority of that energy is sustainable and that this sustainable fraction is growing
www.jbs.cam.ac.uk/2025/cambrid...
Just one xample: this study, that you quote yourself for the energy use estimates, clearly states that the majority of that energy is sustainable and that this sustainable fraction is growing
www.jbs.cam.ac.uk/2025/cambrid...
There are deniers out there making the exact same argument about fossil fuel emissions being carbon neutral...
There are deniers out there making the exact same argument about fossil fuel emissions being carbon neutral...
Just one more way of transferring wealth from tax payers to billionaires
Just one more way of transferring wealth from tax payers to billionaires