The only way to raise living standards over the long term is to raise productivity.
Central banks can’t raise productivity, they only can redistribute wealth, from those who have little to those who already have a lot.
- @Carl B Menger
#BitcoinTwitter
One thing about BTC-only companies vs. crypto-friendly companies is that the former’s BTC product is a lot more innovative & the latter’s sucks ass.
Kinda make sense since companies just like ppl do get distracted/greedy, but interesting to see it reflected in concrete features.
- @npub1qp30...yn58
#BitcoinTwitter
There are currently ~$700 trillion of global *investment* assets:
Bonds: $137T
Stocks: $117T
Real Estate (ex-Agriculture): $290T
Art & Collectibles: $22T
Gold: $10T
M2 (cash, savings, etc): $130T
TOTAL = $706 trillion
- @James Lavish
#BitcoinTwitter
If I had held on to my altcoin investments, I would now be down 98.6% from my ath and feel sick to my stomach that I would lose it all.
Thank you toxic maxis.
- @npub10gma...kph4
#BitcoinTwitter
