Replying to Avatar Fred Johnston

We live in a gambling, instant gratification culture.

My personal opinion is this is driven by the fiat money system that LOWERS or ability to plan for the future. It's not something we plan, it's just the decay of money playing out in our heads.

In the book, "Principles of Economics" by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak he discusses this phenomenon towards the end of the book. It's a GREAT read.

It's one of the fundamental benefits of #Bitcoin - knowing our work/energy is saved in TIME we will extend our vision for the future. Creates more innovation, progress, and efficiency.

MLM is not a terrible system of selling REAL products - but it was distorted by recruiting fees and 'training' fees that turned it into mostly a ponzi scheme - just like fiat - seems normal! I have never seen a MLM that did not TAP the pyramid aspect.

The fiat ponzi:

Robs purchasing power via slight and might of hand: inflation (slight) and tax (Might).

Fuels the ‘screw it, do it now worry later’ mindset.

Few want to sacrifice some present for the future. Few understand time value of (sound) money.

Few understand time value of money/purchasing power.

Few want to understand.

Many still do and will. Lots of work to do.

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