Replying to Avatar Alan ₿

Fiat is usurious. #Bitcoin is glorious.
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James A Lewis 2y ago

It's worse than usury. Usury steals from one person once. Fiat steals from all people now and going forward.

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Alan ₿ 2y ago

True, unless they opt out of fiat and into Bitcoin, of course

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James A Lewis 2y ago

Should have specified:

Printing fiat steals from all fiat holders now and continues to steal from those who will receive pay in the same going forward.

Inflation adjusted, wages now are 55~65% of that during the great depression, partially because of the inflation-wage lag.

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Alan ₿ 2y ago

🎯