Jeff. Wondering if I have this right.
Assume an inflationary system: innovators are motivated to find new methods/discoveries/systems that can outpace inflation. The reward of these “hacks” are first accrued by the innovator and then later diffused to the larger population.
In a deflationary system (Bitcoin), will innovation slow because the motivation of outpacing inflation has been removed?
Does the inflationary system have to run its course completely via AI and robotics before a deflationary system takes hold?
Jibe ho! / prepare to jibe
npub1kc…fv98a
2025-04-24 15:49:59 UTC
in reply to nevent1q…v8tj
Author Public Key
npub1kcg0rqj9p2xjvkwtzcxm72n78rvugx5zywqnmzy9rxakz3mc0k5sdfv98aSeen on
wss://nos.lolPublished at
2025-04-24 15:49:59 UTCEvent JSON
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