I love listening to nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak , economics just makes sense when you listen to him.

An idea that I took away from listening to him the other day when I was out cycling is that in a fiat economy , people are forced to have two jobs :

1. Their actual job

2. Their second job as an "investor" , being forced to play in a casino , just so that they can combat inflation , which is to say , just so that they can maintain the value of the work that they have already done.

Quite clearly insane when you consider that even people in medieval times had the ability to sell shit for gold coins which they would hold their value for as long as you needed them to.

IN THE MIDDLE AGES .

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That exact realisation hit me recently too. It’s fucking nuts

Clearly fiat is backwards . Objectively speaking.

Fiat really was a step backwards in this sense

Saifedean is a G. Awake to all the scams we are being put through, and he doesn't suffer fools gladly.

Agreed, he is LIT 🔥

I think we all agree that the #BitcoinStandard is one of the most important books for #Bitcoiner if not for everyone.