What is Nostr?
jimmysong /
npub10vl…sp42
2023-08-24 16:24:45

jimmysong on Nostr: We've normalized entrusting our money to third parties. This occurs because people ...

We've normalized entrusting our money to third parties. This occurs because people have to outpace inflation, and to do that, they have to put the money with a trustworthy entity. Authorities benefit from this, as they can seize these assets in emergencies.

Our lack of ability to handle our own assets, or self-custodying, is a direct consequence of this money-printing approach.

We need to learn personal responsibility for our assets. That's the big lesson most people don't want to learn. But they will, when a sufficient emergency comes.
Author Public Key
npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42