Replying to Avatar StackSats.IO

nostr:npub1sv4zk080fvt4f3982u5kffzdkex3nm0kylky29um2xws5h4wsxvswtsrw4 posted this on Xitter and I reckon this is one of the most important things Bitcoiners should be thinking about.

We have the means to enact the vision in The Sovereign Individual with #Bitcoin - doing so will rapidly undermine Western governments and accelerate the debt spirals.

Consider your exit plan before they take that option away entirely.

Lol. The government pension fund has almost $1.5 trillion of assets under management... for 5.5M people. That would be equivalent to the US gov having a $90 trillion dollar pention fund for it's population.

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If the people aren’t benefiting from it and instead the government is debasing the currency and justifying ever more parasitic jobs, what good is the sovereign wealth fund to those people?

It's still a net positive. The people leaving aren't giving up their Norwegian citizenship.

Hi LOL'er. Seems like you know the finances of the Norwegian government very well, do you. Others who have checked its books don't at all paint a rosy picture

What is there to check? Debt to gdp is ~40%, assets to gdp is ~350%. You can quibble about the details, but compared to the rest of western Europe no government is in a better position overall.