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2024-10-05 21:08:02 UTC

CariBouFarm on Nostr: Hard money eventually absorbs easy money Why? Because people are selfish and smart ...

Hard money eventually absorbs easy money

Why?

Because people are selfish and smart

Individuals don’t want to squander their time and energy

It’s painful to watch our stored time melt away as the value of easy money degrades over time

Some may take years or even decades to understand the difference between hard and soft money, but everyone eventually learns through pain

The pain of everything getting more expensive while you get incrementally poorer

#Bitcoin is the worlds hardest money

There will only ever be 21 million bitcoin and they are incredibly hard to produce which allows them to hold their value over time relative to everything else

Fiat currency on the other hand is incredibly easy to produce and more is created in exponentially larger quantities over time which is why it becomes less valuable

Want to accumulate wealth?

Want to protect the hard earned profits from your farm for the next 100 years?

Save in hard money and use soft money as a payment network as needed

#nostr #farmer #bitcoin #money #human #smart #hardmoney #farmlife #finance