Demand for money is not infinite. In fact, there is no real demand for money at all, only demand for the things you can buy now or in the future for money. So you want the money to buy other things, not for the money itself. The closest thing to organic demand for money is the store of value trait of good money; you temporally arbitrage production changes relative to money supply hoping that that money can buy you the same or more value in the future, that's another dimension added but is still ultimately only demand for the things money can buy. This means 2 things of course, one, that "demand for money" is ultimately only network effects (the set of all markets accepting a type of money is a network) and two, that "demand for money" and supply increase do not occur in lockstep, there's an interesting feedback loop there actually, but that demand follows supply increase relative to production increase.

I'm building something using python, and I'm running into trouble with python libs for nostr so much that I'm considering just using nak as a system library and making all my calls to it. Seems fucky so I've been putting off work on this particular project while I overanalyze. Would you recommend such a design choice?

OK cool. Where does the value generated come from and who creates it?

People dont understand the term "corporate" in the context of fascism. It doesnt mean business corporation the way we think of it today, although it can include them. It means any organized body representing some interest. It basically boils down to an interest group cartel running the government (and preventing new entrants). So unions, racial and ethnic representation groups, business corporations "representing" their employees, farmers associations... The US has been a fascist government for quite some time, and the leftists in the US agitate for it more than anyone else.

Lol I'm a Marxist? Do you know where my quote in my bio is from? I've followed you a little while. Youre a very smart person. Smarter than this. Youre dodging the question for a reason, it's because you understand exactly what I'm getting at.

I don't follow.

Yeah, whos creating that value?

Where does that reward for patience get produced?

Are you conflating capital with money? Think of it. In an inflationary system, your money loses purchasing power as money is printed. Who receives that purchasing power? The person who gets the newly printed money of course. Where did that capital come from? It was siphoned from the productive people, because now it can be used to buy their goods with no effort. In a deflationary system, your money gains purchasing power. Where did that gain in purchasing power come from? It came from the fact that more production is chasing the same amount of money. You gain capital produced by someone else. Both of these have terrible secondary effects. Inflationary environments encourage production above market optimum, deflationary markets do the opposite.

https://en.m.wikipedia.org/wiki/G%C3%B6del%27s_incompleteness_theorems

But they do gain capital. Holders siphon capital off of productive people chasing what they hold. It's not just delaying consumption that generates this increase in purchasing power, it's others producing things that they want to trade for the money they hold, it's delaying consumption *until more things are produced by others* that results in this gain. It's Tue exact inverse of the cantillion effect.

I dunno man, I've had a back and forth or two with you, and have observed some involving other Monero bros on here, and you usually harp on the point "the sender knowing where to send to the recipient is tracing" which honestly I think does you a disservice. The last one we had you made a good solid genuine set of arguments, but usually it's the same tired one. I'm curious why you feel the need to make better arguments? You're either right or wrong. Seems like a crusade, working back from your preferred conclusion, if you're having to make new arguments for your point over time. Learning and understanding deeper is one thing, finding new angles to come to the desired conclusion is dishonest IMO.

> Oh my god are people really still talking about the fact that the world is run by people who see the rest of us as resources to be used as desired with no regard for the morality of their actions? We have so much more important stuff to talk about, like stock price numbers and natural disasters that happen 2 or 3 times a year. It's insulting really that we have so many important things to talk about and all the people want to talk about is the government sanctioned worldwide slave market that harvests their children with impunity. Lol I honestly can't believe I'm the only person in my feed so far to talk about this, I'm usually the one not engaging in the political noise of the day.

Oh man, you had a good game going with the satoshi quotes. Why'd you blink?

I experience the same thing as the screenshot when I started making my own wine. Particularly if I brewed with certain yeasts, I could get absolutely trashed the night before and get deep, restful, healing sleep, wake up with no hangover, and the drunkenness wasnt stupifying, just bubbly and fun. I was very surprised by this, I can only match something like this with vodka or gin and a non sweetened mixer. I don't eat seed oils so I don't know if that's a factor in liver injury, also I don't drink often so I'm not too worried about that.

So, demand for money is demand for things you can acquire with that money. It is demand for access to markets that utilize that money. Necessarily this is demand for one kind of money over another, because you want the things that money can buy and there aren't very many markets (yet) where merchants let you decide which money you want to give them. And when people select a money that they decide they want to have, they're going to select the one that's easiest for them to use to get the things they need, which is going to be the one that others also want because they need to spend to get the things they need and so on. Textbook network effects. Money is demanded fundamentally because of hunger and thirst. And nobody will turn down more money because it's this magic substance that be transformed into anything they want; they want other things and that's the appeal of money. But yes, uncertainty about the future is risk that can be negated by just having more money. That risk calculation is actually the same math a fractional reserve banker would do to determine how much reserves they need on hand, which is fun to think about.

So I went and watched the entire video this is cut from here https://www.youtube.com/watch?v=E5JTn7GS4oA He states later that the claim in the title is a story they tell to get you to focus on money as debt, just as the story of medium of exchange being a commodity to eliminate coincidence of wants is a story. It doesnt matter if it's true being his point, the story is to convince you of the theory by directing your attention so that you view money a certain way.

He doesnt actually justify the claim in the title anywhere in the video, he just states it. It's not insensible but I think either he did not adequately explain it or the video was cut short.

Create something novel today. Use your mind, your imagination, and create something. Then, use your body to make it real, use your kind to figure out how to do that along the way, and make it real in the world. Enjoy the process, because that is what it means to be a higher being.