If you think #fiat #money is ok and a flexible monetary base and #inflation is needed to run an #economy I got a question I am interested in honest answers.
What is the difference between banks making up money when they give out a credit and sterilizing it when it’s being paid back vs me going in my basement counterfeiting $1M, starting a business and burning the first $1M in profits?
Viewed from the system the operation is identical so I am hard pressed to see a moral difference.
In my opinion in both cases savings are temporarily taken away from a third party without his consent (aka stealing). As long as promises are kept things don’t go bad. Every time someone defaults on a loan people that never consented to taking the risk have to foot the bill (aka stealing).
So is the difference really only that we came to accept that some people in society have the right to steal and others don’t…
#bitcoin
Let’s only consider theories as worthy of consideration if they make predictions about the future that are vulnerable to falsification.
(See Karl Popper)
#nostr #truth
Accurate…
#memestr #memes #ai #eu 
What do you mean?
It still shows as 1 BTC for me 🤔. 
It’s tragic… I have friends that just cannot stop shitcoining. The guy that introduced me to #bitcoin in 2016 lost his complete stack over flipping #shitcoins and he just cannot stop… he could be retired by now instead he still lives in a basement.
I read about a #crypto #crash do to some #china things this morning and was worried… then I checked and saw 1 #bitcoin = 1 BTC. A lot of fuss about nothing 🤷♂️.
#nostr #socialism #quotes #sowell #memestr 
#justice #freeross #nostr
I’ll always respect and be thankful to people that keep their promises 🫡. 
#freeross #freerossdayone
Achievements are different in their very nature I guess. Anyhow I think directionally societies are better off if they admire and value achievements more versus doing so less.
When I was a kid I was obsessed with the #Apollo program. To this day I believe Neil Armstrong is one of the greatest heroes of all time.
Today I am baffled by how little the general public is interested in the unimaginable achievement of the human #mind that enables us to catch the equivalent of a tall building falling to earth from out of #space.
I can’t help but think that this is related to #SpaceX not being a government agency… but maybe it is because people are not interested in #achievements anymore.
May I never lose my genuine #love for #merit, #excellence and #achievements of others or myself. 
Mind the shitcoiners.
#memestr #memes #bitcoin 
#nostr #memestr #memes
The printing press separated church and state.
The internet separated information and state.
#bitcoin is separating #money and state.
It’s a long grind but #freedom is winning. The price of it is eternal vigilance.
#memestr #memes #politics #socialism #freedom
Left and right is a scam to make people fight.
IMO this is the grid people should look through to understand the world. 
Smooth talk and fake politeness can not hide what this looter is actually trying to do. Compel and censor speech by intimidation and threats.
Not the first time neither… he tried the same from an official #eu commissioner position when #elon spoke with #trump.
#europe is full of this wannabe god kings and tyrants.
If you ever wonder where the line between #good and #evil is, it runs through the heart of every human… if you try to stop people from speaking with each other you are not on the good side anymore.
#afd #germany 
#Europe will find peace and prosperity once again when the lights in the #ecb have finally gone out.
End #Fiat
#freedom #nostr
2024 #bookstr
#read more scroll less.
The #mind is men’s means of survival. 
#freedom #memes #memestr #milei 