Dan on Nostr: "Generational institutional theft" is one way to describe our institutional FIAT ...
"Generational institutional theft" is one way to describe our institutional FIAT money banking and economic system. The system is rigged to benefit the older people at the unreasonable expense of the younger in society .
From 30 year bonds, to 30 year mortgages, to an inflation rate that steals a 100% over 30 years, The system is designed to not only steal, but to reward many in the older generation a portion of the theft with both services and their ability to control large assets. Remember, it's the older generation that votes in most politicians.
BITCOIN, with its complex game theory, stops the generational theft, and brings back a level economic playing field for the younger generations. My dream is to leave a world that has zero inflation for generations of working lives.
From 30 year bonds, to 30 year mortgages, to an inflation rate that steals a 100% over 30 years, The system is designed to not only steal, but to reward many in the older generation a portion of the theft with both services and their ability to control large assets. Remember, it's the older generation that votes in most politicians.
BITCOIN, with its complex game theory, stops the generational theft, and brings back a level economic playing field for the younger generations. My dream is to leave a world that has zero inflation for generations of working lives.