progressives won't just correlate bitcoin's success with political and economical instability, they will blame bitcoin and bitcoiners for accelerating it, by having a tool that can let you opt out if the social "bag" that has been inflated for the past generation
parking your savings in a bank deposit, holding gov and corporate debt, even holding public stocks in a 401k, all provide leverage for the fiat system to roll over promises by penalizing prudent savers
even the "smart" strategy of leveraging everything into home equity strengthens the fiat system by grounding your savings into a specific jurisdiction
no element in the world has bitcoin's properties and that's why it's so revolutionary on every level. economic, social, political, cultural
it will be the main event for decades to come
NgU_Engineer / UNLICENSED MONEY TRANSMITTER
npub1j6…fu56u
2024-07-27 15:12:50 UTC
Author Public Key
npub1j6st8crn3ellpqu2hjgql3y0v8hlaauq6966dwevqfqzge2khvlq5fu56uSeen on
wss://nos.lolPublished at
2024-07-27 15:12:50 UTCEvent JSON
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"content": "progressives won't just correlate bitcoin's success with political and economical instability, they will blame bitcoin and bitcoiners for accelerating it, by having a tool that can let you opt out if the social \"bag\" that has been inflated for the past generation\n\nparking your savings in a bank deposit, holding gov and corporate debt, even holding public stocks in a 401k, all provide leverage for the fiat system to roll over promises by penalizing prudent savers\n\neven the \"smart\" strategy of leveraging everything into home equity strengthens the fiat system by grounding your savings into a specific jurisdiction \n\nno element in the world has bitcoin's properties and that's why it's so revolutionary on every level. economic, social, political, cultural \n\nit will be the main event for decades to come",
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