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spiritess
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If you have to explain to someone why something is money, then it isn't money. Regression Theorem of Money maximalist.

Taxation is what gives the currency value. It creates synthetic demand at the point of a gun. The government can't just print without taxing.

Higher rates cause inflation because the government prints to pay the interest.

No such thing as private property. If I stop paying property tax, it won't be long before I find out who owns what. We are renters/managers of the states property.

There is only force and avoidance of force. If I can protect my property with force, then it is my property. If I rely on the force of the state to enforce my "property rights", then it is the property of the state. If I try to protect my property from the state, I will become the next Waco.

Bitcoin solved the impossible contradiction of making something that is intangible and abstract simultaneously scarce.

That is why Bitcoin is the closest thing to private property that has ever existed, because it is so difficult to steal. Afterall, how do you steal an intangible abstraction?

The previous 10,000 years since Mesopotamia will be recategorized as proto civilization as historians look back at the inception of Bitcoin as the birth of private property and civilization itself. Instead of saying "taxes are the price of civilization", people will say "taxes are the seed of barbarism".

People will be shocked that there was ever a time when people would be threatened, at gunpoint, to be thrown into a rape cage just because they didn't want to hand over resources to strangers.

The nation state will dissolve into a curiosity of the past and the festering of nationalism and world war will shrivel up under the light of Bitcoin.

Replying to Avatar Beautyon

An interesting micro trend is playing out thanks to GEPOTUS signalling support for Bitcoin mining happening in the USA. This character, who is a, "...teacher and Bitcoiner. Author of A Progressive’s Case for Bitcoin.", is s member of the class of "Bitcoiner" for whom everything is academic and not real.

This character does not mine Bitcoin, does not sell access to it, does not develop software that runs with it, doesn't design, conceive or do anything that means taking risk.

He has written a book. About "Progressivism" (Socialism) and Bitcoin.

It's another case of someone trying to shoehorn their bad philosophies into something that everyone agrees is one of the most exciting events ever across several disciplines.

This book is not like Saifedean's crucial and essential book, which has a clear purpose and utility in that it tells the truth about economics and Bitcoin to the ignorant simultaneously and very successfully; this is a book designed to steer Bitcoin thinking into Progressivism, to mischaracterize Bitcoin and do all the other fallacious things Progressives do and slobber over.

There are other people like this; the "Bitcoin Socialists", the "Community" obsessives and the hyphenated Bitcoiners who plop their self assigned category name as prefix to the word word Bitcoin, thinking that that's any sort of requirement to use and benefit from it or associate with it.

Sad!

And there are many people who think like this. They on the surface can appear to be Bitcoiners, but in fact all they're doing is reciting from the Bitcoin Cult Liturgy. You've seen them do it most commonly as they try to describe Bitcoin. There are words you must use in the right order to be recognised as a member, and they all do it. I've overheard it whilst wading in a swimming pool on a blistering day in El Zonte. Incredible brainwashing.

The illusion breaks however when these same people talk about sound money and "Bitcoin only" and then start promoting Ordinals. They can't understand why Ordinals are toxic to Bitcoin because they never understood what Bitcoin was for, and are using at the most downstream part of it; it's just another excuse for having a rave up...

...and there's nothing wrong with having a party.

There is nothing wrong with having a wrong opinion either, especially in a world where Bitcoin is the only money, because in that world, opinions don't matter, Progressivism doesn't matter, Socialism doesn't matter; only Bitcoin Matters, and having Bitcoin, and being able to obtain it and then use it.

Jason can believe whatever he wants. He can vote Biden. He can vote Kennedy. None of that matters now that Bitcoin exists...barring WW3, which wipes all the chess pieces off the board. The only thing that matters is the rapid dissemination of Bitcoin to everyone on Earth. PERIOD.

Trump Derangement Syndrome is a Real thing. Simply mentioning "Orange Man" to these people drives them berserk with rage; they're victims of Mainstream Media Programming, and of course, they will never admit that they've been brainwashed. Why would they? How could they?

Being "Bitcoiners", they've been gulled into believing that they're a breed apart from everyone, and that's very probably not true, since their opinions are completely pedestrian and malleable like the lowest of the lowest common denominator peasant; blowing like a leaf in the wind at the fetid breath of Rachel Maddow and MSNBC whispered into their earwax smeared ear holes.

Once again, you will never be rid of these people, Bitcoiner. They are here for the duration of your life. Your job is to protect yourself and your family from them by accumulating Bitcoin, spreading Bitcoin as quickly as possible and using those actions to create a defensive wall to stop their votes from stealing your life from you and your children.

You may not like the sound of all of this, and believe that (because this is the way you are) everything you read like this is posturing and said merely for effect. Projection is the base and vulgar fundamental technique the lowbrow mind blind and ignorant use to protect themselves and their threadbare mentalities from upset; it is "ORANGE MAN: BAD" it is "THE PROTOCOL ALLOWS IT" and other things that collectively encapsulate the direct result of fiat and fiat education and brainwashing.

Down with it.

Down with them all.

UP Bitcoin!

If bitcoin depends on ideology then its fucked.

No such thing as private property. There is only force and avoidance of force. If I stop paying my property tax, I will find out who owns what. We are renters/managers of the states property. If I can protect my property with force, then it is my property. If I rely on the force of the state to enforce my "property rights", then its is the states property. If I try to protect my property from the state, I will become the next Waco. That is why Bitcoin is the closest thing to private property that has ever existed, because it is so difficult to steal, even if the thief has a monopoly on violence.

No such thing as illegal immigration.

Nationalization of mining could be seen as a national security issue soon. What's interesting about that is that mining is capital intensive but the government can just turn on the money printer.