Subnostr

So. Sound money is sound money.

Sound money can be used as reserve in fractional reserve banking and they have more BTC than most. * That means they have more ability to create more fiat (lots of people still accept fiat) than you and that means they have more resources than you in short, medium and long term. That means plebs dead/locked up well before they find themselves under-collateralized again. We'll be able to enjoy our p2p money for a time and outlast many who don't have it but in the end we are out gunned.

* plebs own more BTC collectively than Govt but we aren't organized into one unit like they are so I assume there may not be a way to rally against them.

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Discussion

Samuel Adams 1y ago

The more complete the ruse the greater the risk to the perpetrators that the victims might unite. Fiat has made victims of over 99% of us… and as Fiat claims more and more victims in bigger and bigger ways it will bring an era-ending united front. It is happening. It’s when, not if.

vincenzzo 1y ago

They/we will unite I agree, we are seeing it now start to unfold except, as I alluded to in my original post, the various factions in Govt either aren't aligned with Bitcoiners or are pretending to be in line with Bitcoiners to garner their support politically but they will, imo, be on our side until they/we win and at that point they will go off on their own agenda. A good example of this is CBDCs. A similar fracture of a 'united front' against the establishment is Twitter under Musk.

CBDCs: We had Vivek using this as a signif political narrative seemingly in favour of Bitcoiners and freedom lovers alike. But FedNow is already out and as I understand it is very much like a CBDC in effect even though its not coined as such. Trump also got on this band wagon once Vivek was out. Trump will curry favour with anti-CBDC talk, get voted in and then control you and I with FedNow system. They are with us for the revolution but will turn on us when it suits them.

Twitter/Musk: Musk is all 'free speech' in the beginning (Mat Taibi, Twitter files etc) then he hires a very woke manager who continues to censor people and says you can have 'freedom of speech but not necessarily freedom of reach' - ie censorship. See how they garner support then blindside you with a slight variation which effectively does the same thing a pleb would probably want to avoid?

I think there will be a united front of people who align with BTC value (anti war, ant central banking etc) AND the likes of Musk and Trump AGAINST the old guard politicians (think old world banking cartel types like Biden, central bankers etc) except as I have shown Trump and Musk (representative of the new guard) are your friends until they dont need you anymore and then they are out for themselves - narcissistic to a massive degree. It might be best summed up by something like the enemy of my enemy is my friend. Until that enemy is vanquished and we are the enemy.

So, when the united front comes it will win but then it will fracture imo and we will get fucked but in a slightly diff manner than the old guard would have liked.

I have taken this understanding from Whitney Webbs description of factions within the Govt and some other observations made by a friend about the nature of the diff factions. I'm not sure if it makes sense to the reader as its the first time I've expressed it. I only pieced together a few things in the last few days or week or so. Apologies if it in a bit rough in its logic - its sorta complex to get me ol' noggin around!

Samuel Adams 1y ago

Well said. I think it’s a good idea to apply universal principles across large events like this.

From where I sit you have weighted the scales in a negative way.

There are few, if any completely absolute principles. People often say, “absolute power corrupts absolutely.” There have been several instances where this is not the case, e.g., Marcus Aurelius.

There will undoubtedly be factions fighting for favor, control, whatever. But effectively what will the result be?

We are living in a time of power back to the people. The ruling class and their handlers can faction all they want, a rebirth of sovereignty is coming. What opposes it will fall, whether it is united or split into factions.

After this rebirth we will again enter a time where these factions gain more and more power and eventually take control over the people again. But first, an era of liberty.

This is a guarantee. Why? Because it has already happened. It has already happened in the hearts and minds of the people. Once a critical mass has been reached, it’s when not if.

vincenzzo 1y ago

It probabaly seems negative yeah. In truth the future I see as a middle path. It won't be pedophiles and central bankers but it also won't be bitcoin reserve world with little war etc etc. Pockets of this may exist but the general current will be I think not of this nature. The future I think will be better than it was just not the idea we've been sold. Or some of us anyhow.

I think I bought into the Bitcoin world concept but in the last week or so started to see these ideas as either propaganda or wishful thinking. At least for a while. If Bitcoin utopia becomes widespread it won't be for a while. Like thousands of years based on Vedic cycles. These operate on approx 26k year cycles.