🧵 Technology is forcing us to fundamentally rethink our economic assumptions. The very nature of technological progress is deflationary, yet our economic systems are built to resist this force. Let's explore why this matters.👇

Historically, innovation lowers the cost of production. When cars replaced horses, transportation became cheaper. AI and robotics are accelerating this trend today. But instead of embracing deflation, central banks fight it with inflationary policies.

Debt is a claim on future labor. By constantly expanding monetary supply, we borrow against tomorrow to pay for today. This erodes purchasing power and shifts wealth from labor to asset holders. It's a hidden tax on future generations.

Imagine if the internet was controlled by a few gatekeepers. Innovation would be stifled. Bitcoin is the TCP/IP of money, a neutral protocol that can support a decentralized financial ecosystem. It's the structural exit from currency debasement.

Free markets should naturally see falling prices as technology improves efficiency. Yet, our system insists on perpetual inflation. This isn't sustainable. We need to align our economic principles with the reality of technological deflation.

The system cannot fix itself. As Einstein said, "You can't solve a problem with the same thinking that created it." We need a paradigm shift towards sound money and free markets to unlock an abundant future.

If we embrace deflation, we can increase human purchasing power and prosperity. It's time to rethink our economic assumptions and align with the natural deflationary forces of technology. The future is abundant if we let it be. #Deflation #Bitcoin #Economics