"Capitalism, at its core, is a system of voluntary exchange based on real prices, risk, and reward. When practiced under sound money like #Bitcoin, it eliminates inefficiency through natural selection: bad businesses fail, waste is punished, and success is measured by the satisfaction of others. Fiat breaks this feedback loop. When central banks can create money out of nothing, prices no longer reflect scarcity or human preference. Instead, they reflect proximity to the monetary spigot—cheap credit, government subsidy, or regulatory protection. What we’re actually living under is fiat statism: a fusion of centralized money and bureaucratic economics, where survival depends not on serving others—but on staying close to that spigot of freshly printed money."

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