Replying to Mindaugas

Yes! Very important. Not that I am greedy, but money is power; and what good comes out of those dummies having and wasting it?

But equally important is for those who already have bitcoin to understand that inheritance of wealth by the family lines is not the right path of transfering wealth. This is exactly how we got where we are now, with idiots with money and in power. We need to work to identify the right heirs to our wealth, or in case of failure, take our seeds to another world together with us.
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Thursday 5∞ 1y ago

Yes, nobody rides this train for free. Understanding above all! I agree with you, although I want to see how the descendants of bitcoiners behave going forward. Will it be different this time? 😃

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Mindaugas 1y ago

That's a good thing about bitcoin - nobody undeserving can print it. So whoever undeserving has it, will eventually spend it, thus transfering it to the deserving one. But if the deserving one dies at once and leaves it to an undeserving child, then the cycle repeats.

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Thursday 5∞ 1y ago

I'm saying that bitcoiners have a better chance of educating a better generation than its fiat counterparts. Even if the offsprings of bitcoiners are brats, they'll lose the inheritance stack much faster than the proverbial 2-3 generations.

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Mindaugas 1y ago

Yep, that is good. And at least the governments are not getting anything and not taxing anything when it comes to inheritance. It either goes to whom I give my seed or goes with me. Also, no judge gets to say anything about who gets my heritage. I decide. Period.