The spirit of our age seems to be dominated by critics. Often perched in their ivory towers, they pass judgment on those actively involved, asserting some moral superiority by distancing themselves from concepts like "capitalism" and "money."

However, these critics are often entangled in the elite's status game. They bend their minds to rationalize the desires of those in power, becoming mere mouthpieces that echo a singular narrative.

Rather than being envied for their rent-seeking, critics should be pitied for their lack of societal contribution as they operate like middle managers. Their time of influence will come to an end.

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Great words. Not soon enough, Jimmy.

The spirit of our age seems to be dominated by critics. Often perched in their ivory towers, they pass judgment on those actively involved, asserting some moral superiority by distancing themselves from concepts like "being social" and "solidarity."

However, these critics are often entangled in the elite's status game. They bend their minds to rationalize the desires of those in power, becoming mere mouthpieces that echo a singular narrative.

Rather than being envied for their rent-seeking, critics should be pitied for their lack of societal contribution as they operate like middle managers. Their time of influence will come to an end.

I don’t know about this, but I do strongly feel that people who’ve dedicated themselves to the fiat system, like ‘economists’ or ‘investment/finance pros’ or ‘corporate leaders’ continually seem to face a problem understanding Bitcoin.

I believe we all know a number of them who’ve tried to address the problems in our financial system, revolve around and around an answer, yet when they get to the center of the question they are right on the doorstep of Bitcoin but cannot, cannot bring themselves to actually knock on the door.

Its because, imo, Bitcoin changes the laws of their world. The world they’ve studied their whole lives, Bitcoin casts aside.

There is no ‘economics’ of Bitcoin. None. There will be. In the future. But that is a future yet to be understood. Bitcoin is a new economic system. Its not the same as ‘free banking’, not the same as a ‘gold standard’ etc, it isn’t the same. Similar, but entirely new.

I suspect its like in the late 1800’s when Newtonian physicists (who just were ‘physicists’) believed they had almost nailed down all of the laws of the Universe, conscripted all the known Universe within their grasp by way of Math…they just needed to work out a few annoying details about how atoms functioned within themselves.

But voila, they opened up an entirely new realm of physics. Because atoms didn’t operate by the laws of their system. Everything they’d learned was obsolete.

I imagine a lot of those, now ‘Newtonian’ physicists lost their minds in Sub-Atomic Derangement Syndrome. And yet, the study of sub-atomic physics initiated a Renaissance in scientific discovery and propelled Humankind to astonishing new possibilities.

Bitcoin changes everything about Money. We don’t actually have rules or laws for Bitcoin Economics yet. Our kids will begin to write them, hopefully.