GM
Many people fail to recognize that the biggest thing inflation and debt steals from us more than anything else is *time.*
If our money were simply sound, we would be getting *more* time back every year instead of losing it.
Discussion
Same reason people do not actually understand that taxation is theft yes, but more accurately, it's slavery.
Have been making spreadsheets to back up discussions in a book I’m writing, and mortgages are scary as anything, without opening up the 7th level of hell that is a 40 year mortgage, that the banks handing them out without telling you that final 10k will cost 4 years of your life. 💀☠️
Any chance of a refund?
True, but in terms of practical meaning, money is a proxy for time invested with beneficial outcome. If money increases in value over time, while the beneficial outcomes lose value (spoiled goods, unnecessary/obsolete services) them this creates a problem.
There could exist a hypothetical situation where nobody needs to work because all have some money saved up, but now there is no food being produced so your "saved up time" cannot buy you the necessity anymore.
I’m sorry but this is literally not possible.
The only reason money goes up in value is because the value and supply of goods goes up.
You are suggesting something that is entirely antithetical in a fundamental sense to what causes prices changes to begin with.
Theres fundamentally no reality where what you describe it possible.
Lol, no. Money only increases in value if there are more goods/services to buy. If the supply of goods & services falls then the value of money falls.
The services that a human would have likely to purchase 10000 years ago are the same he would purchase today. They are not become obsolete, they arent likely to become obsolete in the future. Tldr: scarce resources could became temporary or permanently less scarce, but they still are subject to thermodynamic laws; so they will remain scarce. You want to detain the scarcest resouce from the most liquids, the "better time machine" to preserve value across time.
Things mans was buying 10000 years ago and things you buy today will still be scarce in future. Money is time-machine technology, and you need money if you dont want to perish faster.
Couldn’t agree more. People have to work harder and harder year on year to afford the same things and simply survive, sacrificing precious time with family and friends. It’s crazy to think that if all of our productivity gains weren’t being stolen from us, how much more fulfilling lives we could all lead.
Many people (not so much in Bitcoin circles, of course) are also quick to think of money as a negative in general… lacking the understanding that it’s the *type* of money that feeds all of these negative loops.
Makes it a more difficult topic, as everyone’s relationship to money is different, and often fraught, and so to make the connection between money and your time is that much heavier of a revelation.
It also means that those breakthroughs - the spark of realization - when someone understands Bitcoin, are that much more profound, exciting, and satisfying
This is how I orange pilled my barber
my barber is the most bitcoiner from the non-bitcoiners I ever met, he always talks about new ideas to avoid taxes, to take life with calm, the benefits of eating good meat, how the polititians steals from you, the importance of saving... he is like 70 years old and I dont know if I would ever be able to orangepill him, but from some points of view he has orangepilled me (he's my barber from when I was like 8 years old).
👀 👇
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Unfortunately I'm painfully aware of what fiat has stolen from me. But I choose to not be bitter about the past and look forward and what bitcoin will eventually give back to me. Onward.
GM! ☕ ☀️ 🫂 and would be able to afford housing...