#[4] : #[8] and me are at this point currently. Can you come up with your thoughts on this or is this topic not your cup of tea?
💯
What you are describing is the usecase of bitcoin which orange pilled me.
Thanks to Parker Lewis's article 'Bitcoin is the Great Definancialization' I've found myself with my jaw dropped to the floor reborn into a different world. And I enjoy every moment in this world since then. 🌈
This is the article: https://nakamotoinstitute.org/mempool/bitcoin-is-the-great-definancialization/
The article was also republished in The Bitcoin Times Ed 3, free download behind email wall available: https://bitcointimes.io/product/legend-of-prometheus/
Do you remember how you've came to this idea?
Discussion
Love your input!
The thing that hit me the hardest was listening to an episode of The Bitcoin Standard podcast explaining how money is created when people go into debt. But debt has different costs for different people. If you have lots of equity you get debt cheaper than someone without much equity. This results in increasing inequality
Did you read the book? Such a great read⚡️
Yeah. And the fiat standard.
To you think the fiat standard is really worth the read except for entertainment aka. having a good time while reading?
The first few chapters were good, but then he gets unhinged and goes down some tangents. It is quite cringe.
It's a pity because it could have been a great book to give people to introduce the need for bitcoin.