In this context “fiat” is money created by the state with no legitimate work, time, truth or energy put into the creation of it.
If money is our time and energy abstracted, true money must be created with the expense of time and energy.
Fiat is created out of nothing, with no limits, because a government decided to. Bitcoin is created and secured with the expenditure of time energy, with a finite limit.
fizzyl / Fizzyl
npub1e7…ggn8r
2026-01-11 05:01:38 UTC
in reply to nevent1q…s42r
Author Public Key
npub1e7xffyes6khhpxca3762drw6425lmv4jmrakkpux9av65cynm7kqsggn8rSeen on
wss://relay.damus.ioPublished at
2026-01-11 05:01:38 UTCEvent JSON
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