IntuitiveGuy☯️'s avatar
IntuitiveGuy☯️
intuitiveguy@nostrplebs.com
npub13pnm...06vw
Nostr class '22 #PeopleBanBanks🚫🏦 #Bitcoin
Using the B for sats means you are adjusting yourself to FIAT hyperinflation, and will have to do it infinitely as they do. In the long run the more they print, the more you'll need to add zeros and commas, adjusting your measurements to it. Imagine when it will be banana Republic and for a kg of bread you'll need 100k dollars, or 1M.. and so on.. that specific FIAT systembor economy will delete zeros, or completely change currency denomination and name. It already happened.
The birth rate statistics itself doesn't explain the problem and misleads IMO. People don't get married and do families as before, less families, less babies. The decline isn't caused by the suddenly decrease of n of childrens per family, but the number of new families itself. View quoted note → View quoted note →