Replying to Avatar Trey Walsh

I am a progressive and a bitcoiner. I wouldn’t want to classify a new system per se.

So as a progressive, there probably are some things I may disagree with your traditional anarco-cap bitcoiner on. I belive in social safety net programs, taxing corporations more, more access to things like universal healthcare, some form of UBI, etc.

I believe in funding these things through more taxes on the wealthy, and less money wasted in gov bureaucracy and defense spending.

Unlike some progressives, I do think it’s imperative to cut down our deficit and including bitcoin in pensions as we, over a long enough time horizon, transition to a bitcoin standard. Bitcoin and USD will coexist for a very long time still as I see it. I am not trusting on the “good will” of wealthy and bitcoiners to take care of society. We need programs built in that actually have more stable funding (Bitcoin), less gov waste, and less tax cuts and bailouts for the wealthy. We can have these “progressive” goals while also cutting back the deficits and balancing the budget.

Again, this is in theory. But that’s where I stand as of now. For me it’s not a matter of watering down my values as a progressive or as a bitcoiner. And we also have to mix in more accountability in government that bitcoin doesn’t necessarily solve. We need term limits, campaign finance reform, and more direct democracy initiatives immediately. I am deeply concerned over “states rights” issues. For example, I don’t think a person should have to worry about which state they live in to be able to get an abortion.

You can “believe” whatever you want to “believe.” Bitcoin won’t care. Bitcoin is going to set societal constraints by pricing money appropriately. Forcing trade-offs and making us consider opportunity costs. Bitcoin is the non-negotiable.

The current band for “beliefs” that turn into actions will tighten considerably. Pragmatism will return.

For example, debates will be about adding an extra stop to local public transport system vs. allowing tax cuts for local businesses. One will happen, the other will not. And that conversation will ebb and flow from election to election.

But the days of arguing for trillions for foreign intervention (Ukraine) or trillions for UBI, healthcare, state sponsored retirement; tax breaks for churches or government sponsored gender transition surgeries…those days are gone with bitcoin enforcing opportunity costs.

Bitcoin requires trade-offs and rewards productive work (not simply activity).

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