It’s hard to be a bitcoiner because you know the financial system is corrupt and inflation is immoral but you also have to accept that 99% of people have no idea what the hell is going on with their money.
Boston:
Big Bitcoin has made landfall, emboldened by Core v30, and is enabling spam across the city. The Plebs, invoking BIP-110 and raising a “Don’t Tread on Me” badger flag, have taken Spammer Hill and are fortifying it. Local mining militas remain dubious of the hostilities.
In 1776, Americans signed a document that rejected centralized power.
We declared a new government by the people, for the people.
But one power was never handed back to the people. Our money.
250 years later, it’s still controlled by unelected officials.
You can't vote them out. But you can declare your own independence.
With Bitcoin, we finally have money by the people, for the people.
The part about humans wanting to be free that is astonishing, is that there is always a power hungry politician who has a "for your safety" reason as to why you should not be free, and there is always a willing slave minded person who will agree with them.
It's really not that Natalie, there will always be credit in bitcoin. It's really whether you should look the other way when people gaslight and mislead others to buy investment securities, when those people have a direct incentive to get others to buy stocks and not bitcoin.
Happy to chat offline or on a pod about the broken misaligned incentives.
In 1971, the U.S. went off the gold standard.
The money supply was $628 billion.
Today it’s $22.7 trillion.
That’s a 3,500% increase in dollars, issued at a rate of $46 million per hour for 55 years straight.
The cost? The value of your savings.
"Your house, your assets, all of the things you think you control, if the debt underneath them is insolvent, they're all worth zero."
@JeffBooth on why $300 trillion in global debt means your wealth only survives if your money gets debased.
Bitcoin Treasury Cos are your brains on fiat. I encourage everyone to rinse their hands. Stop perpetuating a perverse set of incentives. Sell the stocks, get back to basics. Understand how bitcoin actually derives value. You don't even have to spend it!
https://t.co/0MWhnyURx1