Whenever I see someone post that the price of #Bitcoin is crashing, I feel sorry for that person because they're still using fiat currency as their unit of account.

Only the people here on #Nostr will understand this. If I were to post this on other social media platforms, I would encounter people who vehemently defend fiat currency as though it is entitled to be the unit of account because they believe it to be sound hard money, even though it is not.

What these fiat defenders fail to realize is that their wealth is being surreptitiously confiscated each time the central bank creates more of the fiat currency that they're defending. The central bank uses a plethora of obfuscated monetary tools to accomplish this.

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