What is Nostr?
freddms / Fred Johnston
npub1cpv…arth
2024-10-31 10:24:55
in reply to nevent1q…2xx3

freddms on Nostr: They are, technically. But because Government controls the money supply (they say Fed ...

They are, technically. But because Government controls the money supply (they say Fed is independent but history shows that's complete nonsense), inflation is controlled by the Government.

There are some great books on the history of the Federal Reserve - too many to name. But "Lords of Finance: The Bankers Who Broke the World" is a great start.

You say it will never happen, separating money/inflation from Government. But I think it is happening with #Bitcoin. Time will tell. But full on FOMO by Governments, Businesses, and Individuals has started. Every day someone new in all three categories emerge.

And now that BRICS is forming a multi-nation Bitcoin mining organization it's only a matter of time before all nations are battling for hash power (per the book Softwar by Jason Lowrey).

If we can get decentralized money, there are a lot of problems that get fixed since most wars have been funded by printed money, the first big benefit to humans is you can't print Bitcoin to fund wars.
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