10 sats \ 0 replies \ @TheBTCManual OP 6 Oct 2023 \ parent \ on: The Downstream Effects Of Currency Debasement bitcoin
Yeah for the shop owner, he is making a little extra by offering the service of selling individual items or amounts that aren't standardised but this off settting can only go so far, and I'm wondering at what point people realise things aren't getting more expensive but its currency debasement driving it, yes energy scarcity locally and energy prices are a part of it but eventually those things fade, so at what point in the process of elimination of reasons do you finally get hey I need another money, chances are people will go to stablecoins and I will face palm myself but okay people have their own way of getting to a destination or conclusion
For sure incentives drive behaviour, if there is profit to be made, people will monetise their land, to grow fruit or vegetables and meet that demand, and hopefully they won't want to sell their labour and time for a shit compensation