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17 sats \ 1 reply \ @ZezzebbulTheMysterious 3h \ parent \ on: Is Bitcoin Going Cheech And Chong A Bad Sign econ
Ok, I think I get you. We are saying the same thing from the other side.
The existence of Bitcoin helps provide an alternative sink for value that is not other assets like Real Estate and Equity, thus helping keep prices from pushing up.
Yes, and I hope that our civilization can flourish when we stop inflating the value of real estate.
No more zombie stocks tying up capital, currency wars between countries, Cantillon corruption... Going to be amazing
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