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189 sats \ 0 replies \ @plunda OP 25 Sep \ parent \ on: Disaster Relief, Snack Tokens Allocated - plunda.co builders
hahaha it's good to be back!
@BlokchainB love seeing your saloon drops. makes me very sorry i've not been more active. i've not disapeared though, just dealing with some things in personal life. hoping i'll be back at it this month.
yeah awesome post. me and my brother have a similar experience with our auntie who gave us some sovereigns as kids
our first experience with gold and seeing the fiat denomited price increase over the years was a first hand way to learn about inflation
drivers
it's probably best to begin this analysis by looking at the following trends: demographics, cultural, economic. but first, we gotta imagine some scenarios.
scenarios
this is gunna be based on the western world. the collectibles market will probably be completely different in places like asia, africa etc. for example recently spoke to a freind of mine in Nigeria and asked him what people collect there, he said people like to collect lots of things, like beads and african tribal art, e.g. masks. beads really caught my attention, guess that's a throw back to african bead money.
anyway, i think that before you can imagine what's gunna be the best performing collector item over the next 25 years, you gotta image what the world will look like in 25 years and how we'll get there.
doom scenario
there's always the possibility of a break from the current trajectory, a black swan. many things could trigger that. historically we'd be talking about natural disaster, war, social upheaval or plague. however in todays era there are further threats, such as the pending GAI apocalypse, environmental collapse triggered by human activity and large scale environment pollution, nuclear and other big boy weapon systems being developed that can wreak havoc, bio-engineered plague, economic collapse from the largest monetary expansion bubble in history. anyway you get the idea, we face a lot of unknowns and potential risks.
in most of these scenarios you can picture a fragmented society, with weak or no central state the way they exist today. we'd imagine local communities banding together and forming self governing bodies that start to scale and form into larger units such as confederations and small city states.
- demographics - this type of society would skew young
- cultural - probably a preference towards autocratic patriarchal and militaristic
- economic - likely a very basic economic system. informal tit-for-tat exchange based on trust, barter, hard assets & food hoarded
i imagine this type of society to thrive in a rural setting with an emphasis of agriculture, self-reliance and self-defense. probably the most collectible items would be things that also convey status and that could be worn, since people likely wouldn't have a huge amount of possessions and would like to stay ready to move any moment.
- i imagine high-quality knives from before the black swan would do very well, as well as other weapons. however in such an apocalyptic scenario there'd probably be a huge supply glut relative to the surviving population, so there'd probably be enough to go around, at least until the extant supply has rusted, rotted or been forever lost.
- high-proof alcohol would fetch a hefty premium, especially aged products like whiskeys. these require a lot of stability and a decent amount of infrastructure to produce, and as they are consumed the supply will dwindle
- cigarettes, same as prison yards - this is the defacto currency in hard times.
nothing ever happens
assuming current trends continue, without a big break from the trajectory humanity is on, we can identify some trends:
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boomer generation will be gone, and all of their wealth will be in the hands of other generations. this will be a big shift because currently, the boomer gen. holds a large percentage of the worlds net worth.
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continued digitalization of everything. young people being born today will be immersed their entire lives in a digital matrix. entertainment, socializing an gaming, shopping. even things like travel all be done immersively without leaving your screen.
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the rich get richer, although the boomers wealth has been spread across the generations, those generations will be unlikely to hold onto it. they'll have to spend it to survive, not being able to afford a home, the money will be spent on rent, trickling up the food chain to the wealthy. inflation and taxes will eat away at it
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business will continue to grow bigger, food, technology, clothing, etc all manufactured by large companies. mom and pop stores will continue to close en-mass
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as the work-force is replaced with automation, increasing unemployment for the unskilled.
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cost of living will continue to rise
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demographics - continue to skew old, as people have fewer and fewer kids
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cultural - highly digitalized, extreme celebrity/infuencer culture. some counter-culture trends are taking root such as dropping out and moving rural to cheap locations and becoming self-sufficient, populist political movements,
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economic - stagnant, the masses struggle to get by with high stress, long work hours. but pockets of lavish wealth exist living in gated opulence.
the best collectibles gains here will be in the high end of collectibles. the plebs won't have disposable income to spend, so focusing on high end stuff would be best.
- whoever said clothes is is probably on to something. but i'd not choose run of the mill adidas tops or trainers, etc. if you pick out some clothes that are high-end today, $1k-10k per items - carefully selected - store them well, kept in perfect condition, in 20-25 years they could fetch a large premium.
- although it's probably not a popular opinion around here, NFTs could have a comeback. much like how pokemon cards made a comback 20 years after their initial hype, we could see a nostalgic comeback among the high-end NFTs that fetched insane premiums during the 2022 hype cycle.
- now days you can buy high quality english made tools for next to nothing. the demand is low because most people don't work with their hands anymore, and the supply is still quite high. however, as those boomers pass on, their old tools end up at yard sales and dumping grounds. the supply will shrink and, additionally, as people struggle to make ends meet they'll be forced to fix their own leaks, do their own house renovations, fix their broken furniture, etc and also to learn new hands on skills that can't be automated. money will be tight and they won't be able to afford new expensive tools, or new cheap tools that last a few months. they'll buy up these old tools and the prices will 10x. for example right now you can buy an 100 year old english made hand-plane, made out of high quality steel, cast iron with rosewood handles. $30. ridiculously cheap, easily has room to 10x and still be a good deal.
- although it's not a collectible asset, rural housing in cheap locations around the world will out-perform it's stagnanting urban counterpart. my knowledge only extends to europe here, but for example, right now you can purchase houses in rural parts of italy and spain for well under $10k. as people struggle to make ends meet in big expensive cities, people will move to the countryside. especially young families looking for a higher quality of life. and those who can work remotely.
human flourishing
in this future society becomes less divided and more unified. we see a flourishing of human potential, ideas flow freely, new forms of art and self-expression burst into the collective imagination, patroned by wealthy bitcoiners like in 15th century florence. many bitcoin citadels have sprung up across the world and act oases of freedom and sovereignty. the overbearing nation state that seems so powerful today, is all but an anachronism. people are freer, wealthy, happier, healthier, have more leisure and less stress. bitcoin, digital capital, empowered humanity and drives progress.
I think in an optimistic future like this where people can clearly see that bitcoin has helped to bring about a new era, we'd see a lot of nostalgia for cypherpunk material. problem is, most of it is digital.
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demographics - i'd like to think that in a healthy and flourishing society people will have more kids. they'll have time to dedicate to their children, as well as more quality time to spend with their partners 🛌💘
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cultural - ??? - needs thought
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economic - more evenly distributed but with wealthy capital holders allocating their resources as they see fit. less wealth redistribution towards counterproductive ends such as war and over-prices social services
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Can you fill the in the above for the hyper-bitcoinization scenario?
I'm taking a break from this exercise now but will come back to it later. Great way to spend an hour or two :)
yeah agreed. a very good exercise. to answer this question you really have to stop, slow down and think. apply your mind, look at the past, understand what drives demand, and build a picture of the future. it's not an easy exercise
let me put it into terms you can understand. how did young anakin get orange pilled? he discovered bitcoin somehow? well, plunda.co will bring bitcoin to many young people in the future and orange pill them. if you can't be bothered to read about the project, that's your problem. won't get drawn into a online bumb fight with ya
plunda.co will be the means by which many young bitcoiners are orange-pilled. is that not worth a few sats?
there's also the voucher page link you can use: https://plunda.co/wallet/voucher
holy **** another M BOX! let's see if a new user gets it today or if quick triggered scroogey will snag it again ðŸ¤
gotchya, that makes sense. yeah like if ek almost gives up on it then you know that it still needs work haha
looking forward to building some great things in the weeks and months ahead! especially the fun things you mention :D
hey @BlokchainB just wanted to thank you for putting in the effort to help with plunda, it's appreciated more than you know!
and wanted to say got some big updates coming to the app soon, i know things are a lil slow atm with user growth - i'm really focusing mainly on getting the product honed in, but soon i'll switch gears and go hard on user growth / marketing so things will pick up a lot after that point. just don't wanna do that until the product is where i think it needs to be. stay tunnnnned 📻
