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In German using bitcoin is called “ein privates Veräußerungsgeschäft” which translates to “a private sale transaction”. This language comes from gold and suggests they are used peer-to-peer. Calling bitcoin an “asset” is a limiting belief supported by a story called “capital gains”. Language is so powerful.
This is unbearable, sorry. Let’s criticise fiat money but also make sense: It is simply inaccurate that people have “never been able” to store “money in money”. 1. Gold used to be money. Great SoV, for millennia. 2. People also invest in land, equities. Both store value. 3. Bitcoin is down severely vs. gold. Has been for 4 years. Nothing changes. Economic laws are what they are.
Hi jeff! Just saw an interview where you said you where toying with the idea of writing another book. You hinted that it would be about how bitcoin raises consciousness and heals the world. That is a really interesting topic and would love to read about it. Is the book happening? I also think it would be great if you shared more of your toughts on this in podcasts! Your first book was very eye-opening for me!
Hi Jeff. This article was published today along with our project Bitcoin Repricing the World. I’d really appreciate it if you could take a look and share any feedback.
Bitcoin Repricing the World
What will happen when the world starts pricing things in Bitcoin instead of government money? How will value itself look when measured by something...
Bitcoin Repricing the World - Hyperbitcoinization Calculator
Discover what everything costs in Bitcoin (BTC) when hyperbitcoinization occurs. Calculate prices in satoshis based on global wealth distribution.
Totally! Humanity has burned centuries of brainpower inventing assets just to survive broken money. Now that it’s fixed, what happens when that energy turns to building/fixing instead of hedging. The compounding of this will dwarf AI’s productivity. Bitcoin has liberated or shall we say unleashed a creative force we haven’t seen in millennia.