Thread
If prices fall to the marginal cost of production in a free market, then
1) the most advanced AI becomes free and serves you
or
2) you don’t live in a free market and that same AI will be used to control you.
If you’re measuring from Fiat (or Bitcoin priced in fiat) you’re contributing to the 2nd statement.
And from #bitcoin - the first
Replies (2)
It’s very difficult to live on a bitcoin standard currently when everything is priced in fiat..
So early last year my guitars were about 0.12btc and now more like 0.08 BTC, I can see it I'm my own production and as competitors scramble to raise prices to deal with rising costs I can stay put knowing that if I exchange the government issued "bits of paper" into BTC I can maintain this price and offer better value.#nistr #guutarmakee #bespokeguutars #acousticguutars #luthier
