Replying to Avatar StackSats ⚡️

Capitalism built on Fiat is pseudo capitalism.

In real capitalism built on sound money you have to be productive to get richer. If you are not productive, your wealth melts like an icecube (the speed depends on your lifestyle) because your expenses > income

In pseudo-capitalism built on Fiat you just have to be rich to get richer. No productivity needed once you are rich. On the other hand, for productive people it's almost impossible to escape the hamster wheel and accumulate wealth.

In socialism the central planners decide what each one gets. Being more productive does not have any impact on your well being. Productivity drops like a rock. If everyone owns everything, noone cares about anything.

What people think are the consequences of capitalism is really just late stage Fiat.

Choose wisely. Adopt #Bitcoin
Avatar
StackSats ⚡️ 2y ago

This 🎯💯

It blows my mind that some Bitcoiners talk negatively about capitalism 🤯😱

#[4]

Reply to this note

Please Login to reply.

Discussion

Avatar
BTCapsule 🏴 2y ago

I think HODL is talking about crony-capitalism, which is what most people think about when they say capitalism. That is unfortunate, because even with the disgusting fake capitalism we have today, life has gotten tremendously better for everyone

Avatar
StackSats ⚡️ 2y ago

Cronyism is only possible because of fiat. Bitcoin fixes this.

What most people think is 'late stage capitalism' is really just late stage fiat money.

Avatar
BTCapsule 🏴 2y ago

💯

dd
bloodymary 2y ago

Ahahahahahahah

dd
bloodymary 2y ago

That has nothing to do with capitalism, that’s has to do with people inventions and technological advances, is so sad that a brilliant idea like the one of satoshi nakamoto is used by capitalist maximalist!

I don’t agree that Bitcoin goes good with capitalism,

I think Bitcoin is just energy and energy shall not be misplaced as it is now. It cannot apply to bitcoin cause if it would, only rich people would access to it in the first times, therefore they would replicate the same shit of capitalism over and over. When the game becomes hard capitalism becomes nazism/fascism

dd
bloodymary 2y ago

It blows my mind how bitcoiners are capitalists

Avatar
StackSats ⚡️ 2y ago

If you are a Bitcoiner but not a capitalist then you don’t under either.

I recommend you read “Principles of Economics” by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak and then come back for further discussion.

dd
bloodymary 2y ago

Ok american..

dd
bloodymary 2y ago

Like usual, I are so fucking annoying pretending to know everything better than anyone fucking else!

dd
bloodymary 2y ago

Capitalism has always been, capitalism can’t exist without fiat money

dd
bloodymary 2y ago

Fiat money and capitalism are one thing, none can exist without the other now a day..

Sound money? When did we have sound money? Are you buying the golden age fairy tails?

When there is capital there is someone who earn money with the labour of someone else…

Get yourself a job

00
Tha Brainer 2y ago

Fiat has nothing to do with a falling empire.

What we are witnessing is the failure of capitalism, and the failure of the system which proposed it, the American Empire!

Empire collapsed even when they didn't use fiat money!

There are many ways to inflate the supply of a currency, and that's what empire in a capitalistic system would do, capitalism do not need Fiat money to become the source of evil! Capitalism is just a way to make the richer rich and the poorer poor.

Capitalism is individualism ..

Communism is about community ..

personally I think that if someone is into a community should not be individualistic, the goal shall be to make everyone feel safe, while it seems you are promoting a selfish capitalistic revival on bitcoin