"do you want to get paid in Bitcoin or fiat-bitcoin for that service?"

"I want to get paid in Bitcoin, not because I can sell it for a good amount of fiat, but because all the other goods and services I want only take Bitcoin"

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This is why the "plebs" meme is actually so important.

That story above is entirely in our hands to write. We don't need to concern ourselves with banks and fiat governments if we write that story and live it.

I understand the philosophy, I'm asking people to recognize the physics. If the majority of Bitcoin activity is inside the banking establishment (primarily "a reserve currency"), then they are running the most nodes, coordinating with the most miners, defining the rules. They're patient, capable, careful, and have no interest in individual adoption of a reserve currency. Your taxes will be paid in CBDC, and the exchange rate from non-Bank UTXOs will be a pittance.

Can we agree that you're still measuring all the physics in dollars?

No. I'm measuring it in obligations. You're hearing fiat, but that isn't the same thing. Bitcoin maximalism won't make property, or taxes, or militaries, or force disappear.

Ah I see our problem. I have no problem envisioning a purely voluntary anarcho- capitalist society that provides all those services under consensual payments (in Bitcoin).

Yea, sure, if you say "someone with a gun will make you pay in fiat" then sure, you win unless I'm a quicker draw and better shot.

Ah, I see. I don't agree, but I understand 🤙

> "Ah, I see. I understand"

...{{ holy shit, this guy is even crazier than I thought! }}

😃

The more I learn, the less I know