Lightning and 
BTC Accepted
There’s nothing intrinsic about value. Value is simply a measurement: There’s nothing intrinsic about temperature, distance or energy. They’re merely human measurements. While gold can be jewelry as well as certain chemical properties, that doesn’t give gold intrinsic value. Beauty is in the eye of the beholder doesn’t magically imbue gold with intrinsic value. The … Read more
According to Jeff Booth, author of The Price of Tomorrow: 1. A truly Free Market is deflationary, which means prices fall – forever. 2. Technology increases productivity, which lowers prices – exponentially. Jeff asks, “So what’s getting in the way of prices naturally falling, exponentially, forever?”
Let’s start with Sound Money: “Sound money is chosen freely on the market for its salability, because it holds its value across time, because it can transfer value effectively across space, and because it can be divided and grouped into small and large scales. It is money whose supply cannot be manipulated by a coercive … Read more
This inflation calculator uses official records published by the U.S. Department of Labor. Inflation has averaged 0.94% per year since 1635, causing an overall price difference of 3,683.96%. Use the calculator to look up inflation for any year (this year’s inflation is estimated based on latest monthly CPI data). Inflation Calculator
Money by decree of government will never be as good as money that rises up from public use in the free market. This is why we Bitcoin, because we believe in money bubbling up from the people instead of government decree. According to Thomas Jefferson, “no better money standard was available than the Spanish dollar.” … Read more
“If we all chip in a little bit then inflation will help fix the economy. If we don’t then you won’t be able to get the products at all because the manufacturers will go out of business. I would rather pay the price they ask for.”
Part 1: Peter McCormack: “We’re often told that deflation is terrible.” Lyn Alden: “It depends on the fiscal policy at the time, but in general, the reason deflation gets a bad reputation is because deflation is bad for very highly-leveraged systems. We previously talked about the instability of fractional reserve banking. Deflation is very bad … Read more
Salability (characteristics of money) In the context of money, there are characteristics that make a commodity suitable for use as money. Here are the key qualities of salability in this context: These characteristics are essential for a commodity to function effectively as money. They ensure that the money retains its value, is easily transferable, and … Read more
What is the result of a scam? Your money is stolen. But what about a slow-motion scam, what does that look like? $100 today buys less in terms of groceries, gas, and rent than it did in 1999. Over time, the ability to trade money for the same quantity of products and services is stolen. … Read more
“Inflation is theft.” Jeff Booth, author The Price of Tomorrow The inflationary Sith Dark Side force: Government prints more money, leading to inflation, so prices of goods and services don’t fall. The disinflationary Jedi Light Side force: Technological advancements increase productivity, which lowers the cost of goods and services. ChatGPT: Disinflation / productivity-driven deflation, is … Read more
by Saifedean Ammous
by Satoshi Nakamoto
by Andreas M. Antonopoulos
