When I look at Fiat, even the “best” fiat that follows the “best” practices; I can’t help but see a person with a bandaid that is multiple years old, all moldy, and infected. The wound, that likely would have healed on its own is made 10x worse.

All of this stems from a lack of patience. Money printing is the bandaid that never worked yet we still use it.

#Bitcoin is the man who comes and rips the bandaid off; handing his wincing acquaintance a straw.

“What do I do with this?”

“SUCK IT UP.”

The saying is: when the going gets tough, the tough get going.

Not: when the going gets tough, we print money.

Reply to this note

Please Login to reply.

Discussion

No replies yet.