CitadelSeed on Nostr: Hear me out. Imagine if there was a casino run by the criminal gangsters. If you ...
Hear me out.
Imagine if there was a casino run by the criminal gangsters.
If you outsmart the house and win more money than they like, they probably won’t pay you, or they’ll just change the rules, or both.
If you want to setup a competing casino with integrity, they won’t let you because they’ve captured the law makers issuing casino licenses.
They are free to create as many chips as they like with little to no accountability on whether those chips are backed by reserves.
If they choose, they can change the colour and/or denomination of the chips on a whim, rendering chips anyone saved at home worthless. Even if they don’t, they’ll reduce the purchasing power of the chips against real goods every day…..indefinitely.
Additionally the casino is becoming more lawless by the day. Half the management team is corrupt, they’re taking bribes, while security can barely keep shit under control.
Why would any rational person choose chips from that casino as their savings technology?
Using #bitcoin as your savings technology is not speculative. It is the only rational thing to do.
Imagine if there was a casino run by the criminal gangsters.
If you outsmart the house and win more money than they like, they probably won’t pay you, or they’ll just change the rules, or both.
If you want to setup a competing casino with integrity, they won’t let you because they’ve captured the law makers issuing casino licenses.
They are free to create as many chips as they like with little to no accountability on whether those chips are backed by reserves.
If they choose, they can change the colour and/or denomination of the chips on a whim, rendering chips anyone saved at home worthless. Even if they don’t, they’ll reduce the purchasing power of the chips against real goods every day…..indefinitely.
Additionally the casino is becoming more lawless by the day. Half the management team is corrupt, they’re taking bribes, while security can barely keep shit under control.
Why would any rational person choose chips from that casino as their savings technology?
Using #bitcoin as your savings technology is not speculative. It is the only rational thing to do.