Oddbean new post about login | logout Hyperbitcoinization will lead to a new baby boom, I believe it. Just like after WWII, it’ll come from people celebrating the restoration of a future for themselves and for humanity.
my stack helps in the sack
Generation #Bitcoin
which means we'll have shittier children than boomers?
Seems too optimistic. Even in most poor countries, birth rates are declining. Unless, supernational #gangsterments - such as US, China, Russia, India - disappear, they’ll keep starting mass murders, such as currently in Europe and most likely in Asia within a generation. Doubtful, seeing that, more parents shall desire more children to be used as cannon fodder, “innocent civilian” casualties, and tax cash cows. Even with Bitcoin, i don’t! Neither does the economic and technological environment - hyperbitcoinsation or not - portend demand for more human labour. Hyperbotisation seems more likely there. As we know, most current nocoiners shall not be able to actually possess even a single Bitcoin utxo to paricipate in hyperbitcoinisation. That means, new intermediaries that take a cut, and so on…
Hyperbitcoinization has a religious feel to it. It's not unlike Christians who are convinced that Jesus is comong back to earth. Hyperbitcoinization is a story created by bitcoiners that only bitcoiners believe. Will bitcoiners still believe in the story 50 years from now if it hasn't happened?
100% true and it's already happening. Just look at the average bitcoiner vs. the average human on the street. #Bitcoin changes you, and as its adoption grows, its positive impact will grow as well. Fix the high time preference, fix the world! 👨👩👧👦❤️ nostr:nevent1qqsgsv64gcsscz6fqurjkc9ayyd3h07efvqqp9jh3ckhjgzdza4ly7gprpmhxue69uhkummnw3ezuendwsh8w6t69e3xj730qgsglcljg053zgvpsyrcwh23hjj08l84gdph42t329gweqpkxkynn3grqsqqqqqp7a9lmx