Pay With Lightning pill shaped image with orange Bitcoin Lightning logo.

Bitcoin T-shirts

Pay With Bitcoin pill shaped image with orange Bitcoin logo.

Bitcoin T-shirts

Pay With Lightning pill shaped image with orange Bitcoin Lightning logo.
Pay With Bitcoin pill shaped image with orange Bitcoin logo.

Productivity Gains vs Inflation

This following is based on my current grasp of Jeff Booth‘s ideas from his book, The Price of Tomorrow. All industries experience varying degrees of productivity gains due to advances in technology. Productivity gains = lower cost of goods & services. And while the most obvious is consumer electronics, EVERY industry experiences lower costs due … Read more

Prices Fall to the Marginal Cost of Production – Jeff Booth

“Prices fall to the marginal cost of production. Period. Over a long enough time horizon, that always happens. You can stop it in the short term by regulating an industry or by pushing additional units of money to try to stop that from happening in the short term. “But over a long enough time horizon … Read more

Bitcoin Is Not A Deflationary Currency, It Is A Neutral Currency – Jeff Booth

Brandon, Green Candle: “…a deflationary currency like Bitcoin…” Jeff Booth: “Bitcoin’s not a deflationary currency. Well, I guess it could be if people lose their coins. It’s a neutral currency. Deflation exists because the free market creates deflation. Prices go down in a free market. That’s why prices fall. It’s not because the currency is … Read more

Bitcoin Is A Long-run Debasement-protection Instrument

“Bitcoin is a tool that protects you from long-run debasement of your currency. It’s not a consumer price inflation instrument. Bitcoin is a long-run debasement-protection instrument. And it’s going to be used by a lot of people across every segment of society, from the very poor to the very, very wealthy.” Joe Carlasare

How the Austrian School of Economics Defines Inflation

Article by J. Kevin Meaders, Magellan Planning Group, Inc. Most of the confusion surrounding conversations about inflation is simply how it is being defined. True inflation is caused by an increase in the currency in circulation, period. First and foremost, it is important to define how inflation works according to the Austrian school. They believe … Read more

Fedwire Transactions Per Second

Credit cards vs Fedwire. Bitcoin Lightning network vs Bitcoin Timechain. When people make fun of Bitcoin for only processing 7 transactions per second, what they fail to realize is that that’s 7 transactions per second of final settlement. VISA, Mastercard, Amex, Discover are how payment transactions are processed, but *not* how final settlement is processed. … Read more

Technology and Bitcoin vs Fiat

Technology increases productivity, which reduces the cost of goods to their marginal cost of production. (per Jeff Booth) Bitcoin: Supply cap of 2.1 quadrillion satoshi. And as of April 19, 2024, has a lower inflation rate (supply issuance) than gold – making Bitcoin harder money than gold. (Gold inflation rate ~2% per year; Bitcoin inflation … Read more

Bitcoin Resources

The Bitcoin Standard

by Saifedean Ammous

Bitcoin Whitepaper

by Satoshi Nakamoto

Not Your Keys, Not Your Coins

by Andreas M. Antonopoulos

Pay With Lightning pill shaped image with orange Bitcoin Lightning logo.
Pay With Bitcoin pill shaped image with orange Bitcoin logo.