2019 narrative of the year was "savings technology"
This tweet kicked it off, though of course economists have talked about the difference between saving, investing, and consuming for centuries.
This tweet kicked it off, though of course economists have talked about the difference between saving, investing, and consuming for centuries.
This led to a broad discussion about the negative effect inflation has on savings
Which of course also impacts the timing and quality of investments and consumption
Crucial properties of savings technology!
And it's simple to use
The data is unequivocal (except for high time preference users)
The effects are so powerful, people change their behavior!
And what better time than now to have a new savings technology?
The Keynesians found this one disturbing, but it's true.
They don't know.
The banks are part of the fraud btw
They want you to "lubricate the system"?!
It's really sad that I had to pull out the textbook for this one.
Good luck competing, "DeFi"!
Keep this in mind with the upcoming election.
Ah yes, the High Velocity Trash Economy!
Savers are good people!
A Straussian reading of The White Paper
The "war on cash" is really a war on savings!
A simple equation
Decades of savings censorship by Keynesians!
The wildest part is that the Keynesians have forgotten about the paradox of thrift....
Anyway, 2019 was a fantastic year for Bitcoin in every way.
Thank you to everyone on this website!
It's a joy to interact with bitcoin savers!
Thank you to everyone on this website!
It's a joy to interact with bitcoin savers!
