Join Nostr
2026-04-11 16:59:22 UTC
in reply to

npub1ah…cl76e on Nostr: Well, fiat means institutionalised theft, while gold meant theft by direct force. The ...

Well, fiat means institutionalised theft, while gold meant theft by direct force.

The problem has always been one of protection of ones property against burglars and organised crime (state).

Bitcoin and Monero make this far easier.

Fiat itself (discounting wars for energy) has more an effect through cultural destruction which in itself maybe an upgrade to direct violence. But thjngs like vaccine mandates were only possible because the state used fiat bribes to use the state force against people.

Much harder under a sound money standard.

Fiat means structural violence.