Spencer on Nostr: Bitcoin is not a Ponzi scheme, the dollar is. Bitcoin requires no new debt or suckers ...

Bitcoin is not a Ponzi scheme, the dollar is. Bitcoin requires no new debt or suckers to persist. It just keeps on working enforcing the rules of the protocol for anyone who chooses to use it. The dollar on the other hand must borrow from future generations to try to keep the scheme going. Without constant injections of new debt, the dollar system collapses.

If you couldn't tell, I've had enough of systematized theft. I am not going to stop talking about how Bitcoin fixes this. Not because it's a good "investment opportunity" but because it literally ends a system of financial slavery.