I just discovered the Articles feature on Primal. Dope! No more Substack links from me on here, I'll just cross-publish.
nostr:naddr1qvzqqqr4gupzpn36ey39saykvctcdn8xdwwfnqlvsg8pcmtyfhy0g9k8cjhmwlchqywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tcqd46kuan9d9kxjmn8946xsefdd3jhs6trdahz6mmx94jx2cm9wp6xjmmw946xsefddaexjemfdeej6etkdak82arfdahz6ctwvskk2ared4hkcmm80ykk7e3dd45hxmr9v9jxjmn8946x2undwvkkjm3dvfsku6mfdenj6ctwvskkccthz8jy2a
This essay was inspired by nostr:nprofile1qqsx45yrjtgm4glklaafgz0z4309gs6cwfja3d99s8rqvlvgagcptpqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet54gjttu's book The Bushido of Bitcoin and given inspiration from nostr:nprofile1qqsywt6ypu57lxtwj2scdwxnyrl3sry9typcstje65x7rw9a2e5nq8spramhxue69uhky6t5vdhkjmndv9uxjmtpd35hxarn9ehkumrfdejsz9thwden5te0v4jx2m3wdehhxarj9ekxzmnytjq0jg's Opportunity Cost app. I wanted to dive into the etymology of some banking and law terms that have become quite opaque and misleading, with the hope of being able to contrast the past and the present through the evolution of language.
With deficits piling in the Trillions, and most unable to fathom the scale and magnitude of these numbers, I used BTC denominations alongside bailout and spending numbers to draw attention to the absurdity of fractional reserve banking and the inflationary currency crisis.
Drawing upon Austrian principles and classical Austrian texts, I shine a light on the deception inherent in modern #banking and the fraudulent scheme that has been thrust upon society under the guise of "growth" and "stability". I attempt to make the case that modern banking is both a fraud, and unconstitutional. Hope you will read it. Enjoy!
