Nostr Web Client

The banking class uses fiat to milk your labor.

https://video.nostr.build/acf006de573381cb99988b245409d2f8c6513b91ae3547f55d338309b8b7233b.mp4

"It just take a little labor" 🙄 means it's not free.

Figuring out how to find & extract gold, or how to find & extract oil & then to refine it & make an engine to harness the energy from oil is definitely not free.

How many people can produce enough food for themselves with so little effort that they can work "for free" at something other than producing food which won't pay off for years? Trading your labor for money in a comfortable air conditioned office is much easier than subsistance farming & mining raw materials & converting said raw materials into a more usable form.

It's certainly true that there are people working to erode your compensation by undermining your tool of exchange. But the sort of people who think everything is "free" are not the sort who thrive or even survive in a world without money. Nothing is free.

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Discussion

franzap 2y ago

gold is free, it just takes a little labor lmao

₿atarøøt 💎🖖 2y ago

this is a parody video? right? 😵

𝔼𝕣𝕪𝕟 𝔹𝕣𝕒𝕔𝕔𝕠 2y ago

I’ve never understood how the people who love saying “food is free” don’t realize how insulting that is to the people who grow, gather, and prepare it. I’m pretty sure anyone who thinks “XYZ is free, it just takes a little labor” has never actually done said labor except as a hobby on the weekend before going back to their job and the food and shelter they can afford because of it.

McMinty119 2y ago

Guarantee all that ink on her arms wasn’t free lol

78e47dfe... 2y ago

Rich men claimed their stake on your future and life using fiat. They wanted more than they needed and created an instrument to do so. Things aren't free, you are right.

78e47dfe... 2y ago

And you are right about the facts there are certain benefits (wether imagined or not) in participating in such a system. We eventually do share the benefits of each others labor aswell.

Jeff Swann 2y ago

We are a trading species. There is really nothing more important to human prosperity (or to being human) than trade. That's why the corruption of money is so destructive.

Money makes us human. When money dies (or when some are able to corrupt it) civilization dies with it.

78e47dfe... 2y ago

Appearantly (because of the hippies? Or maybe I should t picked it better) you are missing the point I was trying to make.

Fiat leads to scarcity and division, it makes things less free than it needs to be.

78e47dfe... 2y ago

I don't disagree on things like trade, human cooperation and mutual benefits.

But tbh, money doesn't make us human. It facilitates trade, cooperation and with it civilised society. Had to say I think that felt grossly overstated.

Jeff Swann 2y ago

It's almost not possible to overstate the importance of money. Trade & cooperation don't scale into any sort of civilization at all without money. Dunbar's number becomes a much more significant limit & knowledge ceases to flow between peoples. I highly recommend investing some real time into the subject. Bitcoin Audible has many great episodes on monetary theory & the history of money.

78e47dfe... 2y ago

Again, I'm not disputing the value when it comes to trade and society.

Cooperation is a important aspect of humansociety (and I guess being human). Money facilitates trade and with it cooperation but the instrument itself definitely doesn't make us human.

I didn't disagree, just feels like it's overstated. If you think otherwise, your values about a lubricant of society (and perhaps society itself) differ from mine

Jeff Swann 2y ago

Neanderthals were stronger & smarter than humans. What separated humans from other large primates was the tendency toward cooperation & trade.

Basically every society of any significance first used or worshipped gold & THEN became great. And eventually they destroyed their money & collapsed.

Look around. When money becomes corrupt people become stupid & hedonistic, when money collapses people become nightmarish animals that destroy each other.

Money is literally the lifeblood of human civilization. Billions would die without it.

Jeff Swann 2y ago

I don't think the importance of money can be overstated. I think most people just do not understand that money & trade came before language. It is something on par with fire or the wheel. It's the beginning of everything.

78e47dfe... 2y ago

This gives me the impression that your trying to prove your point by saying my 'misattribution' to the value of it is due to my lack of understanding. If that's the case, that's pretty arrogant.

78e47dfe... 2y ago

But, you are still right. A lot of people don't understand money and it was important in building our society.

Joel 2y ago

I would argue the corruption of money directly correlates to human suffering, and the whole concept of aristocracy and control evolved in response to that.

They took debasing the King's coins very, very seriously.

a source familiar with the matter 2y ago

Subsistence farming might be better than modern tax slavery, but that's not an endorsement of either lifestyle

78e47dfe... 2y ago

It was merely to support the statement how that your overlords squeeze you for every penny, making things unaffordable/unsustainable in the long run.