Everything changes and with Bitcoin, at a deeper level than we're used to. Let's sit back and consider monetary value only as it relates to work.
Inflation is a royal pain. It creates a lot of tension as workers and employers struggle to maintain pay and staffing and at some point it's just tiring. Take away the money printer and I expect to see longer-term business relationships and more robust economic networks. Whatever nature might throw at us, inflation is something we'd rather not worry about.
In its place we'll see deflation which will require fundamental rethinking. I suspect this will manifest as a shift in employment values. Taking a page from tech where deflation is status quo, people will move past a survival mindset and toward results, with a side of intellectual gratification.
It won't be utopia. There'll still be greed and some violence and I guess human nature is what's least likely to change. We'll still love risk, and fall for scams, but when we go home at night we'll be able to relax in the recliner and nod off to the warm glow of honest money.
Ooo. I hadn't thought about the idea of sat "salary decreases" vs increases.
The emphasis would therefore be on the company to reduce the salary of the worker/employee NOT for the employee to need to request salary increases each year. The tide completely turns...
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I agree with You
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Absolutely. Will be great to follow more threads like Let's compare some prices in Sats!
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