Just imagine for a moment a world where prices of everything consistently fell as the productivity gains of a free market flowed to society.

Now, try to imagine a group of people advancing an idea that there needed to be theft in money society to function, and that they would be the major beneficiaries of that theft.

Seems crazy!

#Bitcoin

Reply to this note

Please Login to reply.

Discussion

If we were to steel man their argument, is there more to it than the guess that people like salary NGU?

Lots more to it than that: including a belief structure, and not having the technology that allowed velocity in money (and gold couldn’t settle quickly enough for global commerce)

Easy to see how we got here, but wanted to ask the question so people could see insane it is that they stay in it….versus moving to #Bitcoin.

For sure, when you propose a blank slate A vs B it’s a “common sense” no-brainer. This is one of the reasons bitcoin will win ✅

In the information we live in it would and should become more glaringly obvious

I can definitely imagine.

When we get closer to superbitcoinization, it will lead to a reduction of spending money for short term garbage, so I wonder if that slowdown in economy (and production) will actually cause specific things to get more expensive until all things are repriced?

Just to my monkey mind the limitation to every legacy currency has been fungibility. On the big side is settlement and on the small side is decimals or fractions. On chain 2.1 Quadrillion is a no more than number and it's enough for micro transactions. SETTLEMENT is the bar tab and your reputation with the people you are engaged with.

With lightning the 2.1 quintillion maximum makes the bar tabs even easier to settle.

Sure the price of tomorrow may be zero and maybe it already is as the exact amount of money has always been the same from the beginning of time to now. The difference is that the ledger has been arbitrary and backed by violence or just attention.

Now we are at the point where attention is the currency and BITCOIN is the denominator for those who relish in the central planning and those who relish in liberty.

As much as I love #bitcoin, it is only the beginning as far as the wake up call needed for humanity.

Fixing the money will in fact help fix the world, but without population controls and the realization that overpopulation and overconsumption are THE much more massive problems that also need addressing, we will only be delaying the inevitable demise of the human race.

Stop. Having. Children.

You are only condemning them to a life of misery and servitude.

Just because you have dreams of a picture perfect family and can fool yourself into believing your own “happiness” doesn’t make it so.

You are being sold a lie, except you are paying for it with someone else’s life.

#childfree

Eugenics. No thanks.

Imagine being an early member of that first society. 🧡

Some already are! The future is already here. It’s just not evenly spread out yet.😉

I say this to my friends and they look at my like I am speaking Martian!

The indoctrination of them to the Social Democracy ideology is complete. I was once like that too.

I think this is an era when we’ll need to argue for our common law rights - most importantly the right to own property.

Psyop of the millennia

If “TWTR” is generally unprofitable …

⭐️. What’s the source of these payments?

⭐️. How sustainable are they, long term?

I cannot stop thinking about a world where gains are socialised and losses are privatised (or minimised)

And, as prices of existing things fall, people would invent and innovate new things at an ever increasing pace. Or focus on art and architecture. Abundance.