If assets are priced in broken currency, how can you measure their real return on traditional investments?
Saylor will have to be strong to resist the traps and attacks of the parasites orbiting the Fiat system…
The real class struggle is between taxpayers and tax-receivers, among them are the useful idiots who believe in the efficient state...
The subjectivity of value and scarcity are fundamental pillars unexplored in schools of economics…
Bitcoin gives people back their freedom that was stolen by the Fiat system.
The Bitcoin standard is the return of economic calculation, something that was completely lost by the fiat standard.
And the return of economic calculation also impacts how we evaluate our investments.
The only rational way to evaluate a company is:
- How many bitcoins has this company generated for its shareholders?
or also:
- How many bitcoins will this company be able to generate for its shareholders in the future?
Forget about any other type of metric.
Regarding the American debt crisis, people have to understand that the incentives are against reducing the size of the State and consequently its spending, so there is no point in rowing against the current...