this post was submitted on 06 Jul 2023
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@silverpill @monerobull
its interesting reading the responses in this thread. There are too many root assumptions in this generation which are not rooted in an awareness of reality... only what has been for the last 10 years. Which is an absolutely ridiculous way to view the world.
Stop assuming that comsumer technology will keep growing at the rate is has the last 10 years.
It wont.
In fact, ossification is already occurring, and you dont understand the cycles of history.
@silverpill@mitra.social is correct to want efficiency which doesn't rely on the collapsing economies of continual growth.
We have like 70 years of data. People literally call the assumption of IT-stuff getting cheaper "laws".
@monerobull @monero
There are three kinds of lies.
Lies, damn lies, and statistics.
What will your ego chart mean when our time of enjoying the global reserve currency comes to an end, and China takes back taiwan? Or when the BRICS alliance becomes the dominant economic force in the world, and the dollar experiences hyperinflation as all the stored dollars in South America and Africa come rushing back Stateside?
Youre a Roman standing on Hadrians Wall thinking the Empire will last forever.
The post WW1 growth/debt economy is headed toward a cliff along with your charts.
i love it so much when americans think the usa is the only country and the usd is the only currency in the world