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In S14 E10 of the Bitcoin Takeover podcast, Paul Sztorc argues that it’s “extremely naive and foolish to bet the farm” on Bitcoin being irreplaceable and unkillable.

What do you think?

#bitcoinpodcast #paulsztorc #bitcointakeover #btctkvr #bitcointakeoverpodcast #bitcoin #bip300 #drivechain #sidechain https://nostr.build/av/2f2124b4149f0b238f8048a5be0b5ff07338cb1ffc511e7e287ba7535bfac630.mov

Laser 2y ago

1. Property rights are entering a gray area as we head into a wartime economy.

2. The State is becoming increasingly creative with confiscation.

3. Every single asset class is in an inflation fueled bubble and is loaded with malinvestment (zombies).

In this environment, folks should be looking to cover the considerable downside (being ransacked, enslaved, and worse).

#Bitcoin is part of that strategy and it is "extremely naive and foolish" to think that legacy finance and legacy government is going to save you.

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Discussion

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 9mo ago

yup, they are the enemy

the reasons for getting out into the boonies and becoming more self reliant couldn't be more obvious at this time

the war won't come to the outlying regions, there is no strategic or economic prize for these parasites to come out here

and i'm on teh edge of an island that is itself an edge

we know that the EU is about to bail in on everyone to fund its expansion east and the USA is probably going to bail in on everyone, even try to get all their cryptos as well, which is more ambitious than what EU is doing

it's now time to gtfo and build yourself up into a small, rural community, there is only war coming for the dense urbanised areas