Subnostr

The entire fiat monetary system is a game of musical chairs that will soon reveal who actually owns real wealth and who was too slow or uneducated to get out.

#Bitcoin

The Conscious Contrarian 2y ago

I agree. But some will play devil’s advocate and say: “Sure, but it can go on much longer than you think. And while you’re waiting for it all to collapse, others are just playing along”.

What’s your best argument that we have, in fact reached the end of the game of musical chairs?

Some might say it’s the accelerating debt, although it’s hard to call a completely convincing indicator there. Some might say that the mere arrival and relative success of Bitcoin to date is an indicator. What do you say?

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Discussion

Laser 2y ago

I think debt to gdp is probably the best metric we have. Interest as a % of GDP starts steepening it's ascent. More and more realize the system needs resetting. Sovereigns are forced to become more creative with their confiscation. The population is made to bail out the nation itself.