"The failure of the system is blamed on the failure of capitalism, which is the absolute opposite of what it is. It's the corruption of capitalism." - nostr:npub1mtqa33dfl620yf8qjk6j2a7r8skv9w8n5tt2m89ag6z947xfslcqn9q4xu
Discussion
Thoroughly enjoyable episode. Great to see Joe get the recognition he deserves after creating "What's The Problem?" Such a powerful tool for Bitcoiners to share with Precoiners they care about. Must watch. https://youtu.be/YtFOxNbmD38
Great show, Joe sounds like such a smart guy, just wait until more of the yuppy elite (no offence nostr:npub1mtqa33dfl620yf8qjk6j2a7r8skv9w8n5tt2m89ag6z947xfslcqn9q4xu) begin to accept bitcoin is the real thing, the whole mission will ACCELERATE!!
None taken! Thanks Dug
Capitalism in it's purest form is only possible with incorruptible money.
Every engineer understands conservation of energy.
We know we can’t destroy or create energy.
Money is time and energy in abstracted form.
If that is true, we can’t just create money (energy). If we could create energy, the natural balance of the universe would violated. Systems would become chaotic and the natural equilibria of the universe would collapse. Expansion of the universe would accelerate unpredictability and have profound catastrophic consequences.
Despite this, our governments continuously create new money (energy).
Printing money leads to instability. Social instability, economic instability, political instability, institutional instability, health instability.
Respecting conservation of energy results in stability. The universe remains orderly and governed by laws of physics. We need a form of money resistant to the temptation to print more fake energy units. It’s the only way to return stability and order to our society.
TL;DR There is no free lunch. Printing money has profound, negative consequences. The world needs hard money to return to a state of equilibrium. Buy #Bitcoin.