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Hey #Nostr this is QUESTION 3 of a series where you can help orange pill one more person…

I will post the best questions i am able and my thoughts on them as i progress through my learning of money and #Bitcoin.

If you would like to help steer myself and others in the right direction shoot me a follow and start commenting your thoughts and insights.

Hopefully by the end we will have a library of useful conversations and collection of differing opinions that you all helped create.

Question #3:

It’s interesting to think about how money touches all aspects of life and if we fix the money we can fix many of the major issues in today’s world. Just a few weeks ago i had almost no background on #Bitcoin or our current economic experience and I never would have known how far the depravity has spread from its host.

I’d like to talk a bit about central banking and some of the issues people, including myself, may be unaware that it causes.

What are some 2nd and 3rd order effects of having broken money? What is broken money and how does it reach all aspects of society?

There is a video by Ray Dalio that i would recommend to anyone seeking to understand how money affects much more than just our bank accounts.

https://youtu.be/xguam0TKMw8?si=8wmxgCg-tQ3NbQ3u

Thank you again, let me know what you guys think and #repost if you find it valuable.

#bitcoinsavesus #nostr #asknostr #asknostrdev #grownostr #proofofwork #orangepill #subsidizethis

#POW #Nostrcommunity

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Discussion

nobody 1y ago

“The Creature has grown large and powerful since its concep-

ton on jekyl island. It now roams across every contnent and compels the masses to serve it, feed it, obey it, worship it. If it is not slain, it will become our eternal lord and master.

Can it be slain? Yes it can.

How will it be slain? By piercing it with a million lances of truth.

no will slay it: A million crusaders with determination and courage.

The crusade has already begun.” - Edward Griffin, The Creature From Jekyll Island…

Deleted Account 1y ago

Money is like a language to communicate value/work over space and time.

Usually the market finds the best money for this but the government has subjected by us by decree to a money that is poor at communicating value over space and time. Imagine your language just changed meaning every day due to federal reserve policy. Communication and anything built on top would become ineffective.

Because of the petro dollar which it’s proof of work is backed by oil and maintained from war is able to be printed at will it is essentially eroding the ability to communicate you work that you give to the economy. If you want to store your labor for the future you are forced to bet in the financial system. Because of this your ability to communicate your efforts to the economy is reduced and some of our best and brightest contributors to society end up in a bloated financial system.

Deleted Account 1y ago

When more posts though 😔