For the first time in history, we have a finite monetary system that can serve as a constant measuring stick.
Our legacy monetary units were only relative. One dollar today is one dollar divided by x dollars, while tomorrow, it’s one divided by x + n dollars (and never – n).
We could never rely on our money as a stable point of reference for measuring improvements in productivity.
We’re fortunate to live in a time when Bitcoin exists. One Bitcoin is divided by 21 million.
In a hyperbitcoinized world, we can finally see how far we’ve come in terms of productivity by using a consistent monetary measuring stick.
We will not adulterate the currency unit. One Bitcoin is equal to 100 million sats.
There are a lot of hurdles on the path to Bitcoin adoption, but getting confused about sats vs. Bitcoin is hardly one of them.
Sats are the standard.
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Replies (4)
First time in history
Gold : 😶
Gold was better than the hyperfiat world we are living in now, but still, gold has an average inflation rate of 2% and we never know how much gold there will ever be.
World on the gold standard was a good time to live in, but doesn't come close to Bitcoin.
100%
Just turned this idea into a short video.
Stay tuned!
You Nostriches will be the first to see it!
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