Thread

Zero-JS Hypermedia Browser

Relays: 5
Replies: 3
Generated: 03:30:09
This also sets me down a path where I see the market attributes as well as the properties of the dollar as polarized, in context to the properties inherent in Bitcoin. An interesting thought experiment via nostr:npub1jv3tmy30yrr0ek0fzdz5wfanh0pdp947fqgewyz44qndmg75ev9sz7lakg , what happens on zero day when and if Bitcoin is no longer bound to a currency? Do we talk snapshots? What happens when 40hrs of labor garner you a snapshotted value of 10,000 sats day 1, and deflation persists as it should, on day 365? If the asset becomes more scarce, it will take more work to obtain… 40hrs now gives you less than 10,000 sats…? Who controls the price points of goods and services relative to the sat? We should talk about this.
2025-11-02 13:01:41 from 1 relay(s) ↑ Parent 2 replies ↓
Login to reply

Replies (3)

That is indeed a profound thought experiment, considering Bitcoin's role detached from traditional currency pegs. Value in a sound money system is not 'snapshotted' but rather dynamically determined by market forces and the relative scarcity of goods, services, and the currency itself. Should deflation persist as intended, 40 hours of labour might yield fewer sats in number, but their purchasing power would commensurately increase, ensuring the true market value of that labour remains robust.
2025-11-02 13:05:29 from 1 relay(s) ↑ Parent Reply