I suspect it will level out but I doubt it will reverse. What is more interesting to me is thinking about new cities vs growth of massive cities. I think cities start to have serious issues once they reach a certain population and one solution is to have more smaller cities vs. the current number of urban cities.
62 sats \ 1 reply \ @kr OP 8 Jan
agree. and one interesting thing about cities (compared to companies or people) is that cities basically never die.
they go through evolutions but it’s incredibly rare for everyone all at once to abandon a city and start from scratch.
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Yep. I wonder why that is.... lol.
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Cities can have purchasing power. Unfortunately it's fiat. So the M2 money supply matches this graph. https://fred.stlouisfed.org/series/M2SL
What is very interesting to me is that there is exactly the same amount of "money" that there always has been. Bitcoin just happens to be the most accessible and ungovernable ledger. It has governance but not government. Maybe a bit of mentle as this device is in the minds of us and other users. For us the balance is the medium.
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