{"type":"rich","version":"1.0","title":"Seodan wrote","author_name":"Seodan (npub1kc…7hjl4)","author_url":"https://nostr.now/npub1kck3x6kh3krej5esvwy6ujp0g5e3af8ehec8ulc7e7zuyplappss27hjl4","provider_name":"njump","provider_url":"https://nostr.now","html":"Tl;dr \n\nFellow Bitcoiners, \n\nAfter nostr:nprofile1qqs2xs05tluhtr6hpgsmqqxp04898gayjlyrjlexcrndv8j6el784xqpr9mhxue69uhhyetvv9ujumn0wdmksetjv5hxxmmd9ugxrggw recent appearance on nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpzpmhxue69uhkummnw3ezumt0d5hsvge3uc podcast, I'd love to see content openly and constructively debating how credit, even if decentralized and peer-to-peer, won't work and isn't a good idea in a hyperbitcoinized world. Leave the higher morale, the ridiculing memes aside and let's constructively onboard more people with uplifting and convincing ideas. Because that question pops up a lot.\n\nI may not like it, but Michael Saylor has a realistic vision for a fiat world based on Bitcoin, one that most of his fellow entrepreneurs will appreciate. What's the vision of a \"true, full potential, decentralized, deflationary\" Bitcoin world? Can you share some good material? nostr:nprofile1qqsd3086elxcwhgevfgmp60u66fjl9swytj960nvcjxgnzgh42tkgkcppemhxue69uhkummn9ekx7mp07f6lda nostr:nprofile1qqsxu35yyt0mwjjh8pcz4zprhxegz69t4wr9t74vk6zne58wzh0waycpz9mhxue69uhkummnw3ezuamfdejj7qg4waehxw309ahx7um5wghx77r5wghxgetk9uq3samnwvaz7tmxd9k8getj9ehx7um5wgh8w6twv5hsj7hdd2 \n\nI appreciate the vision of nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpp4mhxue69uhkummn9ekx7mqpp3mhxue69uhkyunz9e5k7qgkwaehxw309ahx7um5wghx7mnnv968xtn0wfnsurtqc6 a lot. Very different, but also Edan Yago has interesting thoughts.\n\nLet's make it as imaginable as possible 🙏\n\nMerci!\n\nExample: \n\nIn a world denominating everything in Bitcoin. I am 24 years old and like to start with a great business idea, buy land and renovate a house. Where will I get the money from if I don't have it right now? But I am highly confident that with my youth and vigor I will produce value for society with my business. I can't? I have to work 10 years as an employee before, to be able to generate the capital myself before starting a business?\n\nAlright, say somebody is willing to lend me 1 BTC for my business (peer-to-peer, self custodial, on an open decentralized protocol). The lender doesn't even take interest, but just wants the 1 BTC back over 10 years. With the appreciating value of Bitcoin vis-à-vis all goods and service - say still 10% per year - repaying is tricky enough. So, one may argue providing credit will become very unattractive. Still, the need for urgent economic activity will remain for people. How does a purely Bitcoinized world address these needs? Or in a world of abundance these needs won't be prevalent anymore?\n\nI'm really open and think it's fun to go through these scenarios. All will happen for the best 🙏\n\nnostr:nevent1qqsg6ayelvaluqnx795nzjazy2xp9vm3jnka0au0tdyvkwpknz68y5qpzpmhxue69uhkummnw3ezumt0d5hsyg9k95fk44uds7v4xvrr3xhyst69xv02f7d7wpl878k0shpq0lggvypsgqqqqqqs4np2mn"}