Next up: let's vibe code a pacemaker.

Something more like a TEE inside the browser of sorts. Not sure if there is anything like this.

And something like Hoodmaps to discern safe/unsafe suburbs in a city (quality of life differs a lot within a city, often more than between cities)

Fun fact: many ZK identity solutions run centralized provers and can be subpoenaed. Need to use something that generates proofs client-side.

I'm currently building an e-commerce platform like Etsy, and tossing up some ideas of what kind of features to provide for sellers with respect to their brand, email list, and analytics, paywalled content etc.

Deflationary money can theoretically work, its just that instead of having the vendor adjust menu prices every year for inflation, consumers would have to discount their purchases. For instance, during the 2017 boom, I noticed friends often paid each other for dinner with Ethereum at large discounts.

Obviously this isn't price efficient, and the mental calculus isn't a great user experience, but it can work. We would just live in a much more frugal society which saved a little more. We could have lower defaults as we underconsume. A credit system probably wouldn't work however as we're destroyed the concept of time value of money.

Imagine a thirsty tourist in a desert might be unwilling to part with his Bitcoin for a meal, but willing to do so for a bottle of water as his instantaneous discount rate for water is far higher at that point in time and state.

Whether a coin is inflationary or deflationary is a little more nuanced than simple changes in money supply, and has to do with whether these changes are unanticipated and how users form inflation expectations. Imagine if Satoshi's account suddenly awoke and moved, only to burn those coins in another address. There would be momentary hysteria and selloffs, before inflation expectations readjusted back to before.

You'll see that price levels are relatively indeterminate without strong commitments to target inflation rates. In that sense a bank may be better than a non-sovereign currency at maintaining price stability.

Selection bias explains why they held even even after a 90% correction.