#Bitcoin is more American than the US Dollar
MartyBent (npub1guh…6hjy)
"The United States has attained the level of freedom that it has (or did have) due to the governance structure that the Founders set up, which was designed with embedded gridlock between the three branches of government so that it would be hard to change things. Because when governments change things, it's usually at the detriment of the individual and their sovereignty. Gridlock is what the framers believed would be the main protection of the rights of the individual. Not subject to a democratic vote.
If it was gridlock by design and the primary protections in place were meant to prevent the centralization of power under any of the three branches, the complete centralization of the money supply is the single greatest force undermining the intended structure. With the ability to print money at will allows the government to fund itself via unfettered debt expansion functionally funded by the Federal Reserve. The framers intended for the funding of government to be by the consent of the governed principally through taxation or otherwise actually paid for by the public via real money. Not something that can be created ex nihilo."
#Bitcoin is a game theoretical separation of powers, a checks-and-balance system between coders, miners, and users, none of whom can control it. #BTC is open source money of the people, by the people, for the people.
b1bb1d1b0bb1d1b00m / ₿ibbidi₿obbidi₿oom
npub1e3…rer98
2024-05-27 16:30:05
Author Public Key
npub1e3spys28ne2mes5xptnr82tm7mghzggfj57uxtnkalvq6xqu6rfqgrer98Published at
2024-05-27 16:30:05Event JSON
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"content": "#Bitcoin is more American than the US Dollar \nnostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy \n\n\"The United States has attained the level of freedom that it has (or did have) due to the governance structure that the Founders set up, which was designed with embedded gridlock between the three branches of government so that it would be hard to change things. Because when governments change things, it's usually at the detriment of the individual and their sovereignty. Gridlock is what the framers believed would be the main protection of the rights of the individual. Not subject to a democratic vote.\n\nIf it was gridlock by design and the primary protections in place were meant to prevent the centralization of power under any of the three branches, the complete centralization of the money supply is the single greatest force undermining the intended structure. With the ability to print money at will allows the government to fund itself via unfettered debt expansion functionally funded by the Federal Reserve. The framers intended for the funding of government to be by the consent of the governed principally through taxation or otherwise actually paid for by the public via real money. Not something that can be created ex nihilo.\"\n\n#Bitcoin is a game theoretical separation of powers, a checks-and-balance system between coders, miners, and users, none of whom can control it. #BTC is open source money of the people, by the people, for the people.",
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