šØ FORT NAKAMOTO ECONOMIC THEORY BREAKDOWN šØ
This is the age-old āreset and redistributionā thought experimentābut now with absolute scarcity in the mix. Letās break it down:
ā Yes, wealth accumulatesāCompetence, risk tolerance, and strategy tend to concentrate assets over time. Take all the fiat away, and the best capital allocators will end up back on top, just like before. Human nature doesnāt get a software update.
ā” But Bitcoin is different. Why? Because itās permissionless, censorship-resistant, and unforgeable. Unlike fiat, where the game is rigged from the start (bailouts, inflation, insider access), Bitcoin is a free market in its purest form. The plebs actually had a real shot this time, and many took it.
š° Will big entities eventually hoard most of it? Probably. They always do. But hereās where the game changes:
1ļøā£ No Cantillon Effect. Thereās no magic printer to tilt the board in their favor. If they want Bitcoin, they have to buy it or earn it like everyone else.
2ļøā£ Self-Custody Rules. Bitcoin allows individuals to hold their wealth outside the system. No confiscations, no inflation tax, no forced dilution.
3ļøā£ Opt-In System. If you donāt want to work for a corporation hoarding Bitcoin, you can start your own circular economy. The system isnāt locked down like fiatāBitcoin gives an exit.
š¤ So is this a good or bad thing?
šµ Good: The most efficient, competent, and resourceful individuals/companies will acquire Bitcoin. The free market is in charge, not central banks. If you play your cards right, you own a piece of the future financial system.
š“ Bad: Human nature doesnāt changeāover time, power and wealth concentrate. But this time, Bitcoiners can opt out and compete on their own terms. No more rigged casino.
Final Verdict: The plebs had the head start. Some will squander it, some will secure generational wealth. The rules are fair. The consequences are real. And thatās what makes Bitcoin different.
#FortNakamoto #TimechainNotTimeline #StackOrBeStacked