BankSith on Nostr: I just happened to open a random page on the Bitcoin Standard, and this is what I ...
I just happened to open a random page on the Bitcoin Standard, and this is what I found:
“As government money has replaced sound money, patrons with low time preference and refined tastes have been replaced by government bureaucrats with political agendas as crude as their artistic taste. Natu- rally, then, neither beauty nor longevity matters anymore, replaced with political prattling and the ability to impress bureaucrats who control the major funding sources to the large galleries and museums, which have become a government-protected monopoly on artistic taste and standards for artistic education. Free competition between artists and donors is now replaced with central planning by unaccountable bureaucrats, with predictably disastrous results. In free markets, the winners are always the ones who provide the goods deemed best by the public. When government is in charge of deciding winners and losers, the sort of people who have nothing better to do with their life than work as government bureaucrats are the arbiters of taste and beauty. Instead of art’s success being determined by the people who have succeeded in attaining wealth through several generations of intelligence and low time preference, it is instead determined by the people with the opportunism to rise in the political and bureaucratic system best. A passing familiarity with this kind of people is enough to explain to anyone how we can end up with the monstrosities of today’s art. In their fiat-fueled ever-growing realm of control, almost all modern governments dedicate budgets to finance art and artists in various media. But as time has gone by, bizarre and barely believable stories have emerged about covert government meddling in arts for political agen- das. While the Soviets funded and directed communist “art” to achieve political and propaganda goals, it has recently emerged that the CIA retorted by financing and promoting the work of abstract expression- ist mattress and cardboard molesters such as Mark Rothko and Jackson Pollock to serve as an American counter. Only with unsound money could we have reached this artistic calamity where the two largest eco- nomic, military, and political behemoths in the world were actively promoting and funding tasteless trash picked by people whose artistic tastes qualify them for careers in Washington and Moscow spy agencies and bureaucracies.”
🧡💜
Study #bitcoin on #nostr here:
saifedean (nprofile…6k09) ⚔️
Titcoin (nprofile…7chn)
sooly (nprofile…z5n7)
mktahmasbi (nprofile…vagj)
efenigson (nprofile…fqmq)
Sina21st (nprofile…f77g)
CARLA (nprofile…kuen)
princfilip (npub198q…twcp)
21Bitfluencers (nprofile…xqrj)
walker (nprofile…st4v)
BTC Sessions (nprofile…jwuw)
“As government money has replaced sound money, patrons with low time preference and refined tastes have been replaced by government bureaucrats with political agendas as crude as their artistic taste. Natu- rally, then, neither beauty nor longevity matters anymore, replaced with political prattling and the ability to impress bureaucrats who control the major funding sources to the large galleries and museums, which have become a government-protected monopoly on artistic taste and standards for artistic education. Free competition between artists and donors is now replaced with central planning by unaccountable bureaucrats, with predictably disastrous results. In free markets, the winners are always the ones who provide the goods deemed best by the public. When government is in charge of deciding winners and losers, the sort of people who have nothing better to do with their life than work as government bureaucrats are the arbiters of taste and beauty. Instead of art’s success being determined by the people who have succeeded in attaining wealth through several generations of intelligence and low time preference, it is instead determined by the people with the opportunism to rise in the political and bureaucratic system best. A passing familiarity with this kind of people is enough to explain to anyone how we can end up with the monstrosities of today’s art. In their fiat-fueled ever-growing realm of control, almost all modern governments dedicate budgets to finance art and artists in various media. But as time has gone by, bizarre and barely believable stories have emerged about covert government meddling in arts for political agen- das. While the Soviets funded and directed communist “art” to achieve political and propaganda goals, it has recently emerged that the CIA retorted by financing and promoting the work of abstract expression- ist mattress and cardboard molesters such as Mark Rothko and Jackson Pollock to serve as an American counter. Only with unsound money could we have reached this artistic calamity where the two largest eco- nomic, military, and political behemoths in the world were actively promoting and funding tasteless trash picked by people whose artistic tastes qualify them for careers in Washington and Moscow spy agencies and bureaucracies.”
🧡💜
Study #bitcoin on #nostr here:
saifedean (nprofile…6k09) ⚔️
Titcoin (nprofile…7chn)
sooly (nprofile…z5n7)
mktahmasbi (nprofile…vagj)
efenigson (nprofile…fqmq)
Sina21st (nprofile…f77g)
CARLA (nprofile…kuen)
princfilip (npub198q…twcp)
21Bitfluencers (nprofile…xqrj)
walker (nprofile…st4v)
BTC Sessions (nprofile…jwuw)