1970s minimum wage per ounce of gold is VERY CREEPY. How could we lose that much value?
I know how we lost it… got sold down the river. But, i am still… what do we do about it?
Imagine, that in the near future you may be paid in satoshis/hour. You know, the stuff we get in faucets today.
And then the next generation is paid in micro-sats / hour.
We are going to need new economic models, because these ones we got are toast.
RE: Can We Afford the Baby Boomer's Retirement?