Hi @Lyn Alden, if the introduction of new payment computers could theoretically expand the monetary base at a rate that offsets quantitative tightening (QT), then in a vaccum the 'money multiplier' might remain unchanged. In other words, if this happens, no cash would be retired—it would simply require an infinite amount of trust no one is taking advantage, right?

Until bitcoin takes over, risk will not be rewarded, nor quality will emerge. We live in a world of cuts and over utilization.

Lies, search for truth.

BTC is going to 0 or $250k in the next 10 months. Is going to 0 or $1m in the next 5 years. This spread is part of the same reality. Money needs to be one, credit needs to be siloed. This is not a bitcoin thing, is a money thing. This is not a currency thing, is a credit thing. Credit can play as money, money won't play as credit. If 0 will harm you, you should sell and never look back. If you know how to fight, if you know how to die, I will meet you on the other side.

Just finished @Lawrence Lepard The big print. Great storytelling and insight! Plus, now I know why probably chapter 13 hacked his X account.