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nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe how many years do you give this fiat system?

Do you see any one moment or trigger that accelerates its’ unraveling?

Speaking in probabilities versus guarantees but I think the highest probability is a chaotic and long transition (especially for those living in fiat) that continues to test the decentralized and secure nature of Bitcoin through our actions. In other words - how many people care?

Here is one very probable scenario that you can see playing out right now (and could see coming from a mile away if you think in first principles and understand human nature)

Most people are pricing bitcoin through US dollar - which ensures centralization of bitcoin and people taking more risk (ETF, microstrategy, etc, etc)

As that system (still inflationary) prices Bitcoin FAR higher in fiat terms, it also underpins a global control structure that is “more” solvent because of Bitcoins dramatic rise in price. (Strategic reserve)

Imperialism 3.0. 1. Gold/USD 2. Petro dollar/ USD 3. Bitcoin/USD

Again, this is all centralizing and many Bitcoin holders today will sell into this and reinforce it because it will seem more convenient and they will “get rich” (Similar to how most people still using Twitter today)

Eventually that system MUST attack Bitcoin and the nodes, economic nodes, decentralized nature of Bitcoin mining pools, communication that can’t be shut down like Cashu, Fedi, Nostr etc will decide its outcome.

If I were the centralizing system, I would not engage in that attack until I thought I could win (ie - not for a long time - but that would also allow Bitcoin to gain more utility as medium of exchange,

Protocol layers listed above, etc)

But, this attack should not be underestimated because it aligns with human nature in thinking short term.

If we prevail, which I think is probable ….(only because I know how deep this thought process goes in this community) then that becomes true hyperbitcoinization as the alternate chain fails and with it the exploitative control structure (including everyone who trusted counterparties)

Or to simplify - we decide what world we’re going to live in and as long as enough people choose truth, hope and abundance - “we” win.

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Discussion

Des Imoto マキシ 10mo ago

All 20,000 of us (nodes) ;)

El Guiri 10mo ago

Its the potential food shortages in the interim that will drive some of the decision making amongst populations that are not appreciating the nature of the change. As horrifying as "when money dies" is to read... and it is, the narrative and style requires copious caffeine, its a must.

My conversations today. One land owner who's now wanting to try weekly vegetable crates and possibly chicken for btc and a second whis farm we are going to visit to try crowd funding our local bitcoin community to get some extra cattle on his pastures and maybe pigs. Start small, incorporate local community and orange pill like crazy. Now is probably a good time to get the networks up so more people in local communities truly understand the decision they will have to make

BBG 10mo ago

🙏🏻🖖