Εξοντώνει τα αδύναμα/παρασιτικά είδη (από insolvent CEX μέχρι shitcoins):
Quote
The populations of moose and wolves on the island are constantly in flux. When the moose population is large relative to the wolves, even the weakest, slowest, oldest wolves get fed. But soon the over-sized wolf population decimates this food source. Now with little food for the wolves, the weakest will die from starvation, which reduces pressure on the moose population. Eventually a temporary equilibrium is reached. As it turns out, ecology comes with a built-in difficulty adjustment.
You cannot cheat nature.
If the wolf doesn’t find a meal, it dies. There are no magic potions to revive the wolf. It’s necessary for the weakest individuals to be culled to ensure the rest of the population has enough food to survive. If a wizard did revive all the fallen wolves, they’ll eventually eat all the food and lead their own species to extinction.
We see this unnatural imbalance arise when central bankers bail out zombie companies. Sure you save one company, but you put the entire economy at risk. Rather, we must let the market settle and recycle capital.
Reviving the wolf and bailing out zombie companies are examples of cheating nature. Each time nature is cheated, long term systemic risk builds in the system increasing the risk of catastrophe or extinction.
Alternatively, there are no bailouts in Bitcoin. Bitcoin obeys the rules of nature. The net effect is accepting short term price volatility in exchange for long term systemic stability.
You cannot cheat nature.
If the wolf doesn’t find a meal, it dies. There are no magic potions to revive the wolf. It’s necessary for the weakest individuals to be culled to ensure the rest of the population has enough food to survive. If a wizard did revive all the fallen wolves, they’ll eventually eat all the food and lead their own species to extinction.
We see this unnatural imbalance arise when central bankers bail out zombie companies. Sure you save one company, but you put the entire economy at risk. Rather, we must let the market settle and recycle capital.
Reviving the wolf and bailing out zombie companies are examples of cheating nature. Each time nature is cheated, long term systemic risk builds in the system increasing the risk of catastrophe or extinction.
Alternatively, there are no bailouts in Bitcoin. Bitcoin obeys the rules of nature. The net effect is accepting short term price volatility in exchange for long term systemic stability.
Πονάει μεν, αλλά χρειάζεται ένα purification που και που...
Τα ίδια ακριβώς συμβαίνουν και στην πραγματική οικονομία:
Πόσα παράσιτα προσέλαβε η Silicon Valley όταν έπεφτε helicopter money από τα QE το 2020-2021; Πόσοι αργόμισθοι τα έξυναν;
Είδατε κάτι βίντεο πως είναι η «δουλειά» στο Twitter; Αραλίκι, γιόγκα, καφεδάρες... ούτε το ορθόδοξο ΠΑΣΟΚ τέτοια ρέκλα στο δημόσιο!
Αλήθεια, πόσο ρεύμα καίει η woke Silicon Valley συγκριτικά με το «ακροδεξιό» Bitcoin;
You cannot cheat nature. Inflation is the price of QE.
