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27 sats \ 6 replies \ @realBitcoinDog 23 Oct \ on: MONEY CLASS OF THE DAY: The Nominal and The Real in Bitcoin Land econ
A check for $750 -- or indeed any amount of dollars -- won't do you any good when the stores remain closed or when you can't transact with others. In recent weeks, the people in NC had a real problem, not primarily a monetary problem.
Your money is only as real as your ability to buy a good or service with it.
This is why taxing unrealized gains is so insane to me!
How Elon can be a gazillionaire but it was a legit question if he could really offload enough assets to buy Twitter for $40B without tanking the value of those same assets!
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10 sats \ 5 replies \ @denlillaapan OP 23 Oct
aah, if only there were an article, easily accessible, explaining in layman's terms how insane that is! https://aier.org/article/eating-the-rich-wont-feed-the-beast/
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0 sats \ 4 replies \ @realBitcoinDog 23 Oct
Man this Joakim Book guy seems to really know his stuff!
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10 sats \ 3 replies \ @denlillaapan OP 24 Oct
he used to, at least. These days he's merely, like, editing some obscure Bitcoiners and hikes mountains and reviews books #735212 #735212
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10 sats \ 2 replies \ @realBitcoinDog 24 Oct
But what about writing your own book? 😭😭
Will I write my third book before u finish your first?
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10 sats \ 1 reply \ @denlillaapan OP 24 Oct
probably. You're prolific -- and more productive than me even with fam and kids and dog. #self-improvement
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0 sats \ 0 replies \ @realBitcoinDog 24 Oct
Haha! I’ll take the compliment!
Hard to sit still (ironic since you sit to write)
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