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Petroit
petroit@petroit.cz
npub1wtmm...rhdh
Bitcoin is the protocol that will set us free...
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Petroit 2 years ago
Nation states are desperately trying to hold on to their evaporating control over money and yet block after block new free money is created, exchanged for goods & services, and used to store our energy. We're heading into the storm. Can't help it, but I feel kind of like lieutenant Dan... image #bitcoin
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Petroit 2 years ago
And then they fight you... #bitcoin
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Petroit 2 years ago
Halving was nice. #Bitcoin brings people together...
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Petroit 2 years ago
Imagine if salaries of FED employees had halving every 4 years. What an incentive to finally start doing their job... #bitcoin
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Petroit 2 years ago
So I did some math... You can buy in my country brand new mid-class car for about $25000. You can also buy around 100 000 eggs for the same price. 1 car = 100k eggs. In 1998 it would cost around $15000. But 191 000 eggs. ๐Ÿฅš This suggests that technological deflation in past 26 years measured using my patented highly accurate egg-technique is around 48%. For mid/high end laptop which costs around $1800 it is equivalent to around 1000 loafs of bread. ๐Ÿž But again in 1998 it was 3600$ and around 5300 loafs of bread. Technological deflation of laptops measured in loafs of bread in the past 26 years is staggering 81%. Let's verify it! I can buy 1 loaf of bread for the same price as 8 eggs. (๐Ÿž = 8๐Ÿฅš) In 1998, it was surprisingly similar! (๐Ÿž=8.2๐Ÿฅš) Conclusion: To measure technological deflation using egg-bread technique is not the most accurate. But it's funnily interesting. Price of stuff remains very similar relative to each other. Some are cheaper thanks to technological advances. Just our money ($ โ‚ฌ ยฅ ยฃ) are utterly useless crap to be used as a measuring stick. Let's measure it in #bitcoin. We'll be living happier lives... ๐Ÿงก
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Petroit 2 years ago
I'm constantly oscilating between attending #bitcoin meetups, listening to podcasts nonstop etc. AND being tired of it all, quietly counting my sats before sleep and just chilling by myself.
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Petroit 2 years ago
It's a fine line between being a bitcoiner or slipping into scamming people just because it's easy in this space. You can argue with free markets and capitalism, but at the end of the day, it's the actions and consequences of those actions that determine whether you're a bitcoiner or a scamster. #bitcoin represents all that is good on this Earth. And you're not a bitcoiner in my eyes if you are not decent & good. Bitcoin is too damn beautiful & important to me to accept anyone who just hodls, no matter the amount, as a bitcoiner. You need to become a bitcoiner through mental proof of work. image
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Petroit 2 years ago
TV series Andor: Besides the beautiful Star Wars story of Rebels fighting the Imperium it is also quite a terrifying sneak peek at what financial totality looks like. And how we're halfway there already. Gotta remind myself every episode thank goodness we've got #bitcoin. image
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Petroit 2 years ago
I'm constantly reminded of the tragedy of people growing up and being surrounded by "facts & truths" which as it turns out are merely "feelings & lies". People parrot statements like 'deflation will lead to economic collapse' without even engaging their brains to think about it. #bitcoin shall fix this.
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