The BC conference ended with a big elephant remaining in the room:
George Gilder: if the money supply doesn't grow with demand nobody wants to spend it and hodls it instead.
Craig: I don't have a solution - . .
(🙏 rewatch that part at the end at 9:20:20)
Post by twetch#484
Craig Wright makes the elefant in the room smaller by explaining as follows about money:
https://craigwright.net/blog/economics/money-is-a-measuring-stick/
What the chain says
- Block
- 623 816
- Time
- 2020-02-27T00:10:41Z
- Signer
- 1NAEPMbavmrcpAG9X1LsRZhPN4YXkgoVm6
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#484
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1NAEPMbavmrcpAG9X1LsRZhPN4YXkgoVm6 Verified