Manifesting a #Bitcoin Standard and an orange future 💊 ☀️ nostr:note1hnv0rphc6wmxyw3pjpc97t6l6a3e6jem4p7ce6xken9ly938u4wszu462x
Discussion
History keeps doing this:
Gold standard -> gold banks -> bank reserve notes -> fiat
And we know fiat is slavery. So what about Bitcoin prevents it from following the same trajectory? Wallet Of Satoshi is already turning into a Bitcoin bank. Nothing prevents WoS from fractionally reserving, censoring, or any of the evil shit that eventually leads to fiat.
So what makes Bitcoin different? I don't want to see this:
Bitcoin standard -> Bitcoin banks -> bank reserve notes -> fiat
