NgU Engineer on Nostr: progressives won't just correlate bitcoin's success with political and economical ...
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
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