0 sats \ 0 replies \ @newman 4 Oct 2022 \ parent \ on: I'm Nik Bhatia, founder of The Bitcoin Layer and author of Layered Money. AMA. bitcoin
yeah guess so. i agree dollars aren't going anywhere. the question is what will be the core reserve store of value. gold was historically, growing at ~2%/year. now it is US dollar, growing at ~6-8% per year....bitcoiners assume 0 growth is the perfect answer over the long run. could be....
milton friedman proposed growing money supply at same rate as the economy. how do you view that monetary policy vs a fixed supply (at 21m)? why is fixed inherently superior? isn't price stability better than inflation or deflation?
The key is to get more high quality conversations going. Right now the incentives drive links and starting threads. Perhaps experiment with some way to distribute sats from a robust conversation - some to the OP but many to those that drive conversation. So many ways to find links today. High quality commentary much harder. My .02.
I did this (and got confirmation via blue wallet) then tried to un-link email. Gave me warning that if I ever logged out I could not recover account…is this warning in error? Thanks for help.
Smart...tax food in a time of massive food inflation. But, even worse, this solves nothing but the simple minded idea that cows ruin the planet.
Ruminant numbers are stable over the last hundreds of years (remember we had 80m buffalo in the US). The rumen is what creates the methane. Methane cycle is 20 years. Stable number, stable methane. Plus ruminants needed for healthy grasslands and soil.
Feedlots do add to methane because the waste is pooled and not used as natural fertilizer as in grazing. So get rid of industrial beef...not beef.
Methane rises almost exclusively driven by nat gas drilling. Bitcoin mining helps on that front.
If there is no commentary on this here..where? Need policy expert to outline the key elements. I am sure the sats will flow.
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