Too few people spend #Monero they earned..to buy things they want..to impress people that they like.
The #FiatMoney system with unlimited money supply expansion will cause a big problem (see Black Thursday/Friday 1929) and the problem creators will then present their “solution”. But the problem will stay. #CBDC
“Economists and political leaders (...) have finally accepted that corporate profits are a primary driver of inflation today.”
Yeah, sure. Is the ECB looking for someone to blame for its money printing?! And what economists are they, please?!
“The sad truth is that most evil is done by people who never make up their minds to be good or evil.”
Hannah Arendt
#CBDC
For me, #Monero also is also inspiring. There is something fair, good and progressive about the hopeless attempt to make the #FiatMoney obsolete.
This gate opens for anyone who
- values privacy,
- wants digital cash,
- supports decentralisation,
- prefers verification to trust,
- doesn't want to give away remittances.
Suppose you hold #Monero worth $100,000 and $XMR went up in price. Let's say double it. Wouldn't it then be good if it continued to rise? Let's say tenfold. One would be a millionaire. Wouldn't it then be good if ... Now you understand the addiction of the #FiatMoney printers.
Lunarpunk and the Dark Side of the Cycle
Freedom is not extreme; control is.
The relevance of this experiment to the modern world should not be in doubt.
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