Which is bureaucrats 😄
meaning that the "true" definition of "capitalism" and "socialism" are such a myriad that even among "free market" people you will get disagreements about points of definition of each term
https://en.wikipedia.org/wiki/No_true_Scotsman
yeah, it's aka "appeal to purity" and the problem is that for reasons you definitely will understand, the definitions of both of these terms have been confused and muddled for over a century in order to defend the control mechanism
sad but true, and trying to get agreement about any kind of refinement of these things is just simply never going to bear fruit, i've been watching this show for over 20 years and it's not got any better
while i agree with you, it's just not rhetoric that is going to gain any traction either on the edges of our sphere or outside it
I see what you mean. Basically, this is how I view things, based on what I've heard from people who call themselves socialists Vs those who call themselves capitalists.
Of course, there is no perfection, but I think it helps to make a clear distinction of the goals of both sides.
Just did the food shopping for this weekend.
All this for me and my GF will be more than enough.
I can eat a whole leg of lamb on my own in one sitting 😂
All of these will be slow cooked in the oven.
What are you guys having this weekend?
Unpopular opinion:
Earned income SHOULD NOT be taxed.
Passive income should SHOULD NOT be taxed.
Capital gains SHOULD NOT be taxed.
Friendly reminder:
A Bitcoin DCA keeps poverty away.
True socialists are only focused on dividing the pie as equally as possible, regardless of the level of efforts of everyone contributing to the pie.
True capitalists are only focused on growing the pie and making sure that everyone's share of the pie increases at the same rate as they contribute to growing the pie.
Now, you tell me which one is better.
The older I get, the more I understand that bureaucracy is one of the greatest cancers afflicting our world.
It literally is a societal disease.
Why do people get into Bitcoin?
For most, it's the same story: they hear about the price going up and jump in hoping to make money.
But what keeps them around?
Spoiler alert: It's not what you'd think.
Let’s dig in.
Many start their Bitcoin journey with dollar signs in their eyes.
They’re drawn by the possibility of massive gains.
But something fascinating happens to many of them: they stay.
Not for more money, but for something far more powerful.
The more Bitcoin they hold, the more they want to understand it.
They start asking: Why does Bitcoin have a 21M limit?
Why is it so different from fiat?
What problems is Bitcoin solving?
Bitcoin isn’t just another form of money.
It's a monetary revolution.
The deeper you dig, the more you see that Bitcoin is a solution to broken money.
Inflation, centralization, endless printing—these aren’t just abstract issues.
They’re why many people struggle to save their purchasing power, let alone build wealth.
Bitcoin fixes this.
And once people learn what Bitcoin really represents...
They’re no longer here just for gains.
They’re here for the peaceful revolution.
They’re here to change the system.
And they want to help others see the light too.
For many people, Bitcoin isn't just an investment or a way to safely preserve and grow their purchasing power.
It’s a whole movement.
So, yes, you might come for the gains.
But chances are, you’ll stay for the revolution.
If I remember correctly, mine is ~38p a kWh. Yeah, it's not the best comparison.
Play fiat greed games. Win fiat greed prizes.
That's why I always say that "a Bitcoin DCA keeps poverty away"
Bitcoin is currently at $93K.
Over the last 10 years, it has grown at an average CAGR of 81%.
To reach $1M, let's assume two different growth rates going forward:
At 25% CAGR, it will get there by early 2036.
At 50% CAGR, we're looking at late 2030.
Yeah, I won't be running a #Bitaxe until I get out of here 😄
