🚨 THE FIX ON BITCOIN AS A STORE OF VALUE INSTEAD OF MEDIUM OF EXCHANGE IS ALL ABOUT THE ABILITY TO TAX YOU INTO OBLIVION FOR NOT USING SURVEILLANCE DEBT COUPONS
I've never heard the terms "surveillance debt coupons" or "collateralized coupons" as a synonym for fiat. I like it!
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Well, fiat is an "uncollateralized coupon." That's what make them so dangerous to use as a currency. Collateralized coupons are things like goldbacks or the lightning bitcoin tokens. Things redeemable for the underlying monetary asset.
Thank you for the correction and explanation.