The Fed's plan on solving the problems they created....
I know rocket scientists who can't grasp inflation. They understand how to break the sound barrier but dont seem to grasp fiat debasement
My bet is energy and whoever the state manufactured enemy is.
The real cost of manipulated money is centralization and control.
Pretending to be,
“for” free speech,
"for" individual rights,
"for" freedom,
While concurrently advocating for
and benefiting from additional manipulation is hypocritical.
Do you agree?
Fiat currency promotes the erosion of your wealth through.
Fear
Debt
Taxes
CBDCs
Cryptos
Coercion
Gambling
Wokeness
Mediocrity
The "State"
Collectivism
Centralization
Consumerism
Central Banking
Crony Capitalism
What else?
Great podcast sir!
"BREAKING‼️ Pakistan set to ban #Bitcoin and crypto services citing "money laundering and terrorism financing".
Cryptocurrency will “never be legalised in Pakistan" - Finance Minister"- Bitcoin Archive
No... This is not sacrcasm
You're being nice.
I work for the government also.. In Canada
80% of the people here are naively arrogant about Canadian institutions.
Their blind trust in the authority has them believing mainstream media which is immeasurably bias.
They're woke zombies walking in circles who have contempt for anyone who disagrees.
These peole are intelligent, they're not stupid people.
REMEMEBER THESE CRYPO STORIES?
“GOVERNANCE”, “DEFI”, “3/3”, “NFT’s”, “PLAY TO EARN",
WHAT HAPPENED TO THEM?
WELL I'LL TELL YOU.
The music’s stopped, most teams sold their tokens
Or rebranded. They made their money,
Gone silent or just disappeared,
Influencers have amnesia,
Crypto scam cycle end,
GAME OVER RIGHT?
WRONG.
Wait until the next #Bitcoin halving
When they all crawl out from
underneath their rocks
All non #Bitcoin crypto eventually goes to 0.
Only #Bitcoin and its layer 2’s will last.
If you want to know why, read this.....
https://medium.com/@JeffBooth/finding-signal-in-a-noisy-world-57497df06a35
I love your attitude and perspective towards the state, institutions and government.
The institution is a psychopath.
Never trust, always always always verify, and if you can't, assume a deceptive, manipulative and/or coercive culture with malicious intent.
Of the 775 Fiat currencies created throughout all human history;
-20% failed through hyperinflation,
-21% were destroyed by war,
-12% destroyed by independence,
-24% were monetarily reformed,
AND
The 23% that are still in circulation are approaching collapse.
https://blog.gravity.eco/fiat-currencies-surprisingly-shoddy-track-records
The world we need won't be built by those who are loyal to the world we have.
For 1000s of years most humans have repeatedly demonstrated that its literally impossible to see what has never been.
But even if you haven't seen it yet, you'll begin to realize that #bitcoin is the solution to 1000s of years of centralized controlled monetary debasement and demolition.
IF TAXES ARE NOT EXTORTION AND INFLATION IS NOT THEFT,
WHY DO TAXES INCREASE FOREVER WHILE FIAT MONEY DEBASES FORVER?
Im moving out of Hamsterwheels City and into Bitcoin Metro.
Stacking sats day by day.
If you're too busy to read your first book about #bitcoin than you need to read your first 2 books about #bitcoin
Time to get off the fiat hamster wheel.
Canadian Nuclear power plants produce excess power daily which Canadians then PAY the USA to use.
This wastful insane behavior can easily be supplanted with #Bitcoin mining.
Dear Government and Mainstream Finace;
Coercion wont work for you. Get over yourselves.
Such moves do not ban bitcoin, they only make your currency and banking system less liquid, and their users more aware of the fact that your currency is a loyalty points scheme and not money.
The fiat currency system sets different rules for everyone.
If you're too big to fail, you get bailed out because it would have an impact on too many people. If you're a small player, you don't get bailed out because your failure doesn't impact the system.
I think everyone should use the same rules to operate. If you take too much risk, nobody should be able to bail you out.
A Bitcoin standard would ensure that you manage risk properly, whether you have the influence of a government or an individual.
If you don't, YOU should face the losses from your decisions, not everyone else.