There's all this theory about how the world will work on the bitcoin standard. Things will get fixed, salaries will be negotiated downward, deflationary technology will bring consumer prices ever downward, investment will be investment not 100% allocation into avoiding inflation so real entrepreneurs and engineers will have more capital in real terms while bullshit is defunded.
Well guess what, basically none of that happens until fiat is dead. Freedom is far more than freedom from it is freedom to and there are more interesting things than being a rich consumer, which is very basic. From the start it was about fixing everything for me, but it seems nearly every bitcoiner has a fiat mindset -- in fact, you have the highest time preference if you are a bitcoiner because you have to fear doing anything in the world that makes you short bitcoin!
I'm saying enough. I will have my bitcoin world today whether others join me or not. Bitcoin standard means ruthless competition and downward price pressure, so I am going to to pretend that this is real. No one is really competing with my consumer hardware business and gross margins are very high, like a lot of DTC e-commerce stuff. So this morning I woke up and decided I would crush my margins myself if no one else will do it! 30% permanent price drip, with an additional 50% or so to be phased in over the next 6 months!
Wrote a long thread explaining why and a bit about my backstory:
https://x.com/getchroma/status/1883815872932065564