whoever relays stuff 🇵🇸🏴☠️🇺🇲 on Nostr: I think aside from her moral beliefs, Laeserin's mathematical point is you can't ...
I think aside from her moral beliefs, Laeserin's mathematical point is you can't denominate loan interest in Bitcoin because it's so deflationary and you can't really expect profit on loans under the early years of a Bitcoin standard for the same reason. Equity investment might be profitable but lending becomes a charitable act while there's such a deflationary currency available. Anyone borrowing 10 BTC will have a hard time returning 10 BTC while each Satoshi is gaining value faster than the rest of the economy's assets.
Published at
2024-06-17 16:51:41Event JSON
{
"id": "c136014518a19b4a7373c208763c6fb59920ffb33889f4b2a782671f77bbb83b",
"pubkey": "7776c32d4b1d1e8bf2a96babeb43ad9ade157bd363d89b87fb63e6f145558888",
"created_at": 1718635901,
"kind": 1,
"tags": [
[
"e",
"22eeaa436b461c175842a010f4e2a8d133064b1a1345efb95bf2a89712d606dc",
"wss://feeds.nostr.band/lang/en",
"root"
],
[
"e",
"cfe588854655ba54f55aebb638266582aad3e6e001bc407a4666f597fdc72684",
"wss://feeds.nostr.band/lang/en",
"reply"
],
[
"p",
"2efaa715bbb46dd5be6b7da8d7700266d11674b913b8178addb5c2e63d987331"
],
[
"p",
"dd664d5e4016433a8cd69f005ae1480804351789b59de5af06276de65633d319"
],
[
"p",
"7776c32d4b1d1e8bf2a96babeb43ad9ade157bd363d89b87fb63e6f145558888"
],
[
"p",
"4c800257a588a82849d049817c2bdaad984b25a45ad9f6dad66e47d3b47e3b2f"
]
],
"content": "I think aside from her moral beliefs, Laeserin's mathematical point is you can't denominate loan interest in Bitcoin because it's so deflationary and you can't really expect profit on loans under the early years of a Bitcoin standard for the same reason. Equity investment might be profitable but lending becomes a charitable act while there's such a deflationary currency available. Anyone borrowing 10 BTC will have a hard time returning 10 BTC while each Satoshi is gaining value faster than the rest of the economy's assets.",
"sig": "eb7345351a1d005d8fffa07fe3181911bb3e63bff89bb2784c16add41272f9d08bb121e3ae954ecddb504bf6ea23eaced2edadf9693d46f3e76be327e7acffe0"
}
