To fund an overextended empire, Roman emperors debased their coins by diluting the precious metal content.
This week, Congress will vote to eliminate the PENNY, which was already mostly zinc since 1982. The same bill will allow the U.S. Mint to make NICKELS with cheaper metal.
@1914ad This is nonsense man, claiming bitcoin is going to die because of jpegs. So you're going to fork off another alt coin? Who's really attacking bitcoin here?
If the next 30 years are the same as the last...
Here's how much life will cost by 2055:
- Gallon of gas: $16
- Cup of coffee: $28
- New car: $218,165
- Average rent: $6,500
- Average house: $1.6 MILLION
Anatomy of the State
Every sentence reads like a direct assault on everything you've been taught to believe about government.
The State isn't your friend, your representative, or your protector. It's an organized gang of thieves who discovered that systematic plunder beats random robbery every time. Where private criminals operate sporadically and face resistance, the State creates a "legal, orderly, systematic channel for predation" that transforms temporary bandits into permanent nobility. The classic example: a conquering tribe realizes it's more profitable to let the conquered live and produce wealth than to simply loot and murder them once.
But here's the genius of the racket—the State can't survive on force alone. It needs the masses to accept their own exploitation, which is where intellectuals enter the picture. Professors, economists, and court historians get cushy positions in exchange for crafting elaborate justifications for why theft becomes "taxation" and why coercion becomes "the social contract." British pedophile John Maynard Keynes didn't revolutionize economics—he just dressed up robbery in mathematical equations that made spending other people's money seem sophisticated.
The State's greatest fear isn't foreign invasion—it's independent intellectual criticism. Every limiting mechanism ever devised, from constitutions to judicial review, gets transformed into a rubber stamp for expanded power. The Supreme Court doesn't check government overreach; it legitimizes it by declaring unconstitutional actions "constitutional."
Franz Oppenheimer nailed it: there are only two ways to acquire wealth—production or plunder, the economic means or the political means. The State is the organization of the political means, and it will always be at war with genuine capitalism because parasites cannot coexist peacefully with their hosts.