Hacker News: benenrjdnz

New comment by benenrjdnz in "Neovim have a ~$800k Bitcoin donation sitting untouched since 2023"

benenrjdnz — Thu, 17 Sep 2026 13:38:21 +0000

Money is destroyed when a loan is paid back. Private credit does not expand the monetary supply permanently. Only the state can increase the money supply.

New comment by benenrjdnz in "Neovim have a ~$800k Bitcoin donation sitting untouched since 2023"

benenrjdnz — Thu, 17 Sep 2026 13:03:31 +0000

Can you provide an example of deflation destroying an economy in history? There are many more examples of inflation destroying economies.

New comment by benenrjdnz in "Neovim have a ~$800k Bitcoin donation sitting untouched since 2023"

benenrjdnz — Thu, 17 Sep 2026 12:52:45 +0000

Bitcoin doesn’t pay interest. And that’s a good thing.

New comment by benenrjdnz in "Neovim have a ~$800k Bitcoin donation sitting untouched since 2023"

benenrjdnz — Thu, 17 Sep 2026 12:51:47 +0000

Deflation is a good thing, it rewards delayed gratification. Those evil Keynesians have convinced the world a little bit of inflation is good. It isn’t. Losing purchasing power on your money is a bug.

Nothing wrong with putting money under a mattress for 100y if the value of money is not evaporating.

For most of human history the money was stable. It’s the disasters of 20th century wars that eroded the value, and 21st century lack of monetary discipline that keeps driving it down now.

New comment by benenrjdnz in "Anthropic researcher says more than 10% chance AI "could kill all humans""

benenrjdnz — Wed, 09 Sep 2026 15:23:32 +0000

Probably for the best. Humanity had a good run, but this is no longer our civilization.

Your best course of action is to start ripping the copper out of the walls.

New comment by benenrjdnz in "Flock Wants a Closely Surveilled World with No Exit"

benenrjdnz — Wed, 09 Sep 2026 12:13:52 +0000

If your name is banksy, because a new banksy appearing in front of my house would increase the value of the entire block.