bitcoinpoorguy on Nostr: Hey bitcoiners, here's my 10th video on youtube ...
Hey bitcoiners, here's my 10th video on youtube
https://www.youtube.com/watch?v=M-mtns9RAsY
"MONOPOLY"
Summary:
The game Monopoly serves as a mirror reflecting the problems of our fiat currency system. Like the real world, money is continuously injected into the system, causing inflation. The only way to win is by accumulating assets, but over time, the rich get richer while the poor struggle to survive, unable to escape high rent costs.
A key moment in Monopoly is when the bank runs out of money. Some players declare game over, while others write IOUs and continue. The game’s official rule allows printing money on paper notes, just as central banks do in reality, devaluing existing money and worsening inflation.
Thought experiment: Imagine 100 Monopoly games running simultaneously, each representing a different country. Some maintain the $200 rule at GO, while others increase it to $300, $400, or more. Those who print more money quickly buy up all assets, leaving conservative players bankrupt. As inflation escalates, land prices skyrocket until money becomes worthless, leading to hyperinflation and economic collapse.
This mirrors real-world monetary policies, where nations compete to devalue their currencies, harming savers. Bitcoin offers a solution—a fixed supply, immune to inflation, outside government control. Unlike Monopoly, Bitcoin allows us to opt-out of the broken system and choose financial sovereignty.
https://www.youtube.com/watch?v=M-mtns9RAsY
"MONOPOLY"
Summary:
The game Monopoly serves as a mirror reflecting the problems of our fiat currency system. Like the real world, money is continuously injected into the system, causing inflation. The only way to win is by accumulating assets, but over time, the rich get richer while the poor struggle to survive, unable to escape high rent costs.
A key moment in Monopoly is when the bank runs out of money. Some players declare game over, while others write IOUs and continue. The game’s official rule allows printing money on paper notes, just as central banks do in reality, devaluing existing money and worsening inflation.
Thought experiment: Imagine 100 Monopoly games running simultaneously, each representing a different country. Some maintain the $200 rule at GO, while others increase it to $300, $400, or more. Those who print more money quickly buy up all assets, leaving conservative players bankrupt. As inflation escalates, land prices skyrocket until money becomes worthless, leading to hyperinflation and economic collapse.
This mirrors real-world monetary policies, where nations compete to devalue their currencies, harming savers. Bitcoin offers a solution—a fixed supply, immune to inflation, outside government control. Unlike Monopoly, Bitcoin allows us to opt-out of the broken system and choose financial sovereignty.