How Bitcoin Will Destroy the State w/ nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qy0hwumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2qpqhk0tv47ztd8kekngsuwwycje68umccjzqjr7xgjfqkm8ffcs53dqr23eea & nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqtr7ndmjkguzupvqhn9clasx4r08q2sklhal4g60844nsnnalw0tqfdykys
We discuss:
- The Bitcoin Trojan Horse
- Bitcoin Philosophy
- Treasury Companies & 6102
- Vora
Watch it here: https://youtu.be/bmuF5U9AGTI
While #bitcoin will decrease many State functions, #capitalism will fight much harder to maintain State control. With AI replacing the workforce, UBI is inevitable. Capitalism relies heavily on the State to keep the wolves at bay BUT in the future with AI, capitalism will increasing rely on that State because the capitalist will be taking jobs away from people.
If the capitalist will not take care of those with little to no income, who will they delegate this role to?
There is an outcry against State solutions to the ever increasing wealth gap and disparity, but what other avenues/solutions are offered?
AI in the hands of capitalism will rapidly exacerbate the wealth divide. Capitalism is a parasite and I don’t have to wait too many more years for the “wake up” call to this historical fact because of AI.
#capitalismsucks #AI #philosophy
AI generated communist propaganda is even more absurd than human-written.
Who is generating AI communist propaganda? I’m an anarchist.
You mean corporatism, not capitalism.
Capitalism seeks to maximize profits and centralize capital. Have you read all of Adam Smiths comments, lectures, concerns of capitalism?
No but I'm sure you have and want everyone to know.
Well of course I have! I love learning and finding truth. The older I got the more I realized, it’s better to listen or ask questions, especially if you don’t know the subject being discussed very well. Getting old has few advantages, but that is one. If I were you, I would read more Adam Smith.
What is the free market alternative to capitalism? I admit I don't have a solid fix on the exact definition of capitalism, but I feel like people often confuse it with the current system.
I want to start by saying you are light years ahead of most people by just admitting that you may not be completely clear on what capitalism is.
That being said, capitalism and free markets are two completely different things. Free markets have no third party interference or insurance. Free markets by definition means no central governing authority. Capitalism relies on property rights, and owning the means of production. In order to have property right and ownership, you must have a way to enforce this “rules”. Not only do you need to enforce your and project your property rights, you need to protect your property from others who want to take it. The police state protects property for the capitalist, not people…there is an actual court case that clarifies this.
Free market solutions would be a completely free market or anarchy. With today’s advancement in mobility, weaponry, and population free markets would be almost impossible.
But, if you read up on Joesph Schumpeter and what he has to say, as well as those he collaborated with, it is inevitable that some form of a “social market economy” will and has to emerge.
The biggest problem with capitalism is its profit driven mantra and its rent seeking behavior. It exploits both labor and resources like Adam Smith (the father of capitalism) warned about.
We should be collaborating on what some solutions would look like. One thing for certain, capitalism is not the correct theory.
Listening to the pod now, check out nostr:nprofile1qqsdy27dk8f9qk7qvrm94pkdtus9xtk970jpcp4w48k6cw0khfm06mspp4mhxue69uhkummn9ekx7mqpz4mhxue69uhkummnw3ezummcw3ezuer9wchsj08ren for anon AI platform bro! I use these guys an pay in sats
Complete BS. It cannot be completer. Stop inviting propagators of "BTC common sense".
Watching this now.
AND nostr:nprofile1qqstm84k2lp9knmvmf5gw88zvfvar7duvfpqfplryfystdn55ug2gksprfmhxue69uhhyetvv9ujumn0wd68yurvv438xtnrdaksz9thwden5te0wahhgtnwdaehgu3wwpshyareqyg8wumn8ghj7mn0wd68ytnhd9hx2j8uly5 HAS CONFIRMED THAT HE WILL VOTE FOR, AND RUN IF ASKED, WITH nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyg8wumn8ghj7mn0wd68ytnhd9hx2qtxwaehxw309anxjmr5v4ezumn0wd68ytnhd9hx2tmwwp6kyvtjw3k8zcmp8pervct409shwdtwx45rxmp4xseryerdx3ehy7f4v3axvet9xsmrjdnxw9jnsuekw9nh2ertwvmkg6n5veen7cnjdaskgcmpwd6r6arjw4js2ml2z8 FOR THE PRESIDENTIAL TICKET IN 2028!
HUGE NEWS!
Never heard Erik speak before besides seeing a couple short clips during this years bitcoin conference that was absolutely amazing in a sea of shitcoiners. Definetly made me want to take a listen. Unfortunately the more I listened to him during this interview the more I was put off by him and I wasn't sure why. It all made sense however when towards the end he said he sees himself like a seer and is high all the time which gives him powers and compares himself to Einstein. It all made sense why I was getting increasily put off the more he spoke. I'm sure I'll get shit for this post cuz I'm sure there are a lot of fanboys but I'm not one of them. He just seems pretentious and narcissistic. I think he said he supports core over knots too BTW so that makes perfect sense
