That is quite interesting actually. It makes sense that wiping out the debt would have a leveling effect and doing away with it has the opposite effect.
Can’t help but feel something massive is brewing with the amount of debt globally. It’s so out of touch with reality, can never be paid back, and is starting to distort everything exponentially.
Thankful to hold the only digital sound bearer asset on earth and in history…
If lack of debt forgiveness continues but non oligarchs (and oligarchs I guess too) have a hard money to save into ie #bitcoin then whatever people earn they can save and their savings appreciate in buying power over time then perhaps the gap is lessened to such a degree that class revolutions either aren't a thing or don't turn over whole societies anymore.
As far as I can tell this means as soon as you are able to earn a living you can save in #btc and you can't really go broke if you are half way responsible and actually save some.
As far as I can tell that's an entirely different landscape for the haves and the have nots.
Perhaps I'm preaching to the quire here on #nostr or extrapolating too much but just thinking out loud. Such an exciting possibility 🤗
Preach! It’s a beautiful concept and one I believe is playing out.
I love that bitcoin has mostly been a bottom up movement already. It’s helped people who had no options prosper and I believe it will continue to do so!
Here is to a bright orange future 🍻
