America will be indistinguishable from a 3rd world country once the dollar loses its reserve currency status. And if the world doesn’t move to a bitcoin standard, poverty will be the new norm (if it’s not already). Back to serfdom.
Discussion
that serious? maybe different places show it differently? i wanna come to have a look myself
Americans are struggling even with the benefit of the reserve currency. Imagine if Americans experienced hyper inflation similar to what Argentina has experienced. They’d be screwed.
the dying of fiat system is an inevitable pain for all fiaters. somehow American entrepreneurship, ai and high tech sectors are still in a place second to no other nation, from what I can tell
I believe that has more to do with central banks and the IMF being able to force other countries to only produce in specific sectors.
America has no industry left. It'll be painful
And they’ll blame bitcoin adoption for the weakening currency 😂
TLDR?
This seems similar to the work of Glubb
From the outside, it looks like some regions/states/cities would be fine. Bitcoiners are growing in number and the tools that can help them live on a bitcoin standard are getting better too. I also think being a part of a local Bitcoin community is as important as using bitcoin as money.
It’s all shit. Some places are worse than others. But it’s still shit.
The thing with shit is that it can be shoveled 😂
Shovel it and send it to the politician’s homes
After which they'll package it in a spending bill and send it to everyone for free.
You now have more shit 'for free' and a contingent of people voting for more of it and another justifying it with models and statistics.
America is already indistinguishable from Idiocracy. Just a few more legs down and her destiny will be complete.
By design
I am ready for this.
Everything in its own time. We still have to see what will happen next year. We don't know what will happen, but one thing is clear: things will never be the same as they were before.
Looks like slavery which we have seen before haha
In many ways we are already there. But the good news is that we have enormous possible upside to our country ahead if we choose it.
I think it's over and too late to turn things around because people are too dumb and cowardly. We can thank government schools that raised them for that.
I think we'll find our way. The poverty line for a family of 4 is already at 140k so most of our country is already struggling.
I'm sure they will reach for socialism at first, as societies that get to this point always do, but when that fails(and it always fails) only the truth will remain.
Bitcoiners yes but everyone else is fucked. They’re definitely going to reach for socialism and then it’ll get worse and worse from there.
Yes I think you're right. It's going I get a lot worse before it gets better, and that's terrifying, but the only way out is through the pain. We all have to touch the stove at some point before we change.
I just think that many will never learn no matter how much pain they go through. But we can protect ourselves which is what matters most.
Yeah that's a good point. Before bitcoin there wasn't much an individual could do to protect their individual financial sovereignty. Thank god we don't have to wait for the majority to understand because we would never get there!
💯 majority solutions never work because you can’t convince everyone that it’s good for them