Curious to gauge the opinion from all the humble Stackers...
- What are your assumptions for the economy & world at large?
- Do you have any predictions or expectations? Things you would like to see for you & your family and would not?
- Now let's talk about Bitcoin & Nostr. What sort of innovations will we see between now and Dec 2025?
Depending on responses, will aim to do a follow-up post in a years time and call-out those closest.
Nice summary & fair play on predictions. I find it too easy to get carried away with clown world also.
Good point. I hope so, but I still have some doubts on this, maybe from 2025 forward will see more this. People are still afraid. When they will remove that fear of Bitcoin, then maybe.
I too believe it will start without Bitcoin initially. Value for value in the old-time sense, buying local eggs, groceries, helping neighbours build, supporting those around you.
https://farmfoodmap.org/
Great resource!
Strong employment, but people's wages are getting crushed. We keep hearing of mass firing events in the tech sector, and strikes in other sectors.
Plenty of jobs but in practice they are jobs that are not paying a wage that keeps up with inflation enough to make basic needs in life. I don't currently know anyone who is not struggling. Have you ever been to a plasma donation lab? We are living in some version of a dystopia.
Economic conditions have changed. Companies cannot sacrifice profit for growth. Any company still with this mindset will not survive. Any company that couldn't make a profit in a free money economy because of the economics of their business are already doomed.
Federal reserve does not have the tools to deal with inflation correctly. Congress won't budge on expanding their tools. Instead they blame the other political party. To their faces. With the Fed in the same room. On CSPAN.
I believe the economic condition for the average person in day to day life will continue to deteriorate, but I also believe it has a lot of room to do so. Peoples tolerance shift to accommodate the discomfort. If mass firings that began in tech last year and through early summer was a canary in a coal mine, that should start to play out soon and job growth will evaporate overnight.
Bitcoin on-chain indicates only hodlers are buying, and they are taking more off the market than can be supplied into the market. Eventually this will manifest in a physical reality of a price move in extremely dramatic fashion. 30-60K shouldn't be an area we hang in for very long at all. Until we blow straight past 30K without blinking I am not getting excited just yet.
I am hopeful a good Nostr client that attracts journalists and activists hits the scene. The best Nostr client will be the one that isn't marketing itself as a Nostr client.
Free trade and travel increasingly restricted. Nation states, sensing their irrelevance lash out against their populace as well as "outsiders".
Soverign individuals will build cyberstates that are actually able to protect people from the wrath of nationstates using cryptography and anonymity instead of imaginary borders and deadly weapons.
There will be enormous opportunities to build successful businesses as monopolies and trusts are busted and regulations are lifted.
Tick tock next block timechain don't stop
I'd like to see some of the development in Bitcoin coming to fruition. Lightning network growth 10k BTC, pay join implemented on a bunch of wallets, & OP_VAULT (but that might be too optimistic.
In Normy land I'll predict interest rates to stay high, a rise in crime, a rise in censorship & more people being onboarded to bitcoin.
I expect to take care of my family, stack sats and engage with the Bitcoin community.
Stay groovy, 'ruby
I think we go into an easing cycle mid-2024 and interest rates get cut, I don't know how long people can keep up with the pain, I try to keep up with my local economic data and we have record YOY home and auto defaults, and record high unemployment
For Bitcoin, I kinda wanna see CTV go ahead before the 2025 bull run, would like to see how it can be used to improve non-custodial LN, Build Ark and also make on-chain better to use for the average person
As for Nostr I don't think it needs much more other than improving UX, speed and reliability, I think going through its first bull market will be quite the test as people flock into the Bitcoin market again
Same shit
😄👍
The bullrun starts in 2024 and ends in 2025
Not to mention CBDC rollouts in many countries..
Hopefully Nostr will take over social media as a whole 1 Bitcoin will still be worth 1 Bitcoin, while Fiat currency will continue to plummet, as they have been doing historically
A dumber world full of digital IDs and more ridiculous restrictions. Controlled wars. More human degradation. Food will suck even more. Poverty will definitely grow. Humans caring even less for eachother... and like others already said, I don't have a crystal ball either lol
For this year 2025 the expectation is to develop more on bitcoin platforms doing more for financial freedom and growth in general of those who bet on the digital universe. passive income, ways to generate through crypto, is an alternative to improve the quality of life of our families and a wide spectrum of knowledge before our eyes. the Lord bless our business according to his will.
Yes good post 👍
https://m.stacker.news/18889
Mass chaos, complete financial collapse, a world changing event bigger than 9/11 and eventually the liberation of the human race
Woah. When you put it like that... 😬
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Try this one https://imgprxy.stacker.news/9KZyyeaoaYK6TUTMD-1Y6XsfhUEzB1R7CqrQdRU99Cc/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLnBvc3RpbWcuY2MvTUdoNVdTTTMvY3J5c3RhbC1iYWxsLmdpZg
@siggy47 bought one for his wife and he's playing all days with it 😂😂
Hehe. Is it true the first one he bought she used for telling the weather? …. Was always winter untill they realised it was a snow globe.
Imagine the discussion... around that snow ball Wife: honey, don't go to the PubKey, it will snow all day. Look at what is saying this crystal ball. Siggy: Oh yeah? But I have to meet the crazy bitcoiners at the pub....
He's slamming the door going out to the pub and thinking: damn it I need to change that stupid ball. Next day came home with a new ball.
Siggy: honey, here is a new shiny ball for you. Wife: oh so lovely! But how this ball will tell me how will be the weather tomorrow? Siggy: No, this one will tell you when the FED will die, it will predict the Bitcoin future and not that stupid weather. I am tired of snowing all days.
😂😂😂😂😂😂😂 PS. - @siggy47 please don't be mad of me, is just a joke.
I was hoping to start a career as a psychic but gave it up…. couldn’t see any future in it.
I love it. I needed the entertainment while waiting at my Dr office.
Cuz it's never shiny enough 🤣
Nice summary. So more pain = more protests = more printing = more dependency = more distortions & conditions.
Curious, do you personally think deflation or insane inflation is the final stage?
I don’t think there can be deflation; there cannot be from an economic perspective. The system only works with continued inflation… and they do have the levers to control it to some extent. 2% maybe the target but 10% suits governments for short periods of time, 5% long term. They pay for the debt interest with our money after all!
Here's my 2 sats:
they have demonstrated already that they can keep the fiat zombie alive indefinitely, I dont expect a huge collapse at all, what we are seeing is an accelerated degradation of the standard of living and that has been ongoing since the 60s and officially admitted with the closing of the gold window in 71.
I hope people will switch to bitcoin en masse and force major governments to comply but it seems to be more likely there will be two very distinct classes of people, those who continue to take the entitlements from the state- and grow ever more dependent on them... and those (with bitcoin) who do not.
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