the next neoliberal that i hear say bitcoin has nothing backing it as they spend their fake State currency based on blood, war, and neo-colonialism, is getting an earful.
Discussion
The best one is “bitcoin is for money launderers and criminals”. lol
Uh hello, yeah because the dollar hasn’t been used for that for the last how century 😂
to which i say, “oh you mean politicians? no they dont like it. it takes away their control.”
I just chuckle and refuse to elaborate. They’re digging their own grave, why would I care lol
I usually respond by asking them what is backing the dollar.
Sometimes they say gold, which is always funny to me.
"The dollar is not backed by gold, it's backed by bonds. In other words debt, but even if it was backed by gold, what is backing gold?"
Ultimately I get to the part where I tell them all value is subjective. Neoliberals have a pretty easy time connecting with that.
It can be starting point.
The USD is worse that just fiat based on nothing. It is based on debt. Every dollar created is created from a dollar of debt that has to be paid back with interest so there is not enough money in existence to pay back the dollars and the interest, so all wealth is slowly transferred to the bankers through the interest on the debt that is owed.
Bitcoin is proof of work and is based on work.