Petroit on Nostr: #Bitcoin literally arrived last minute. With the upcoming financial totality (CBDC) ...
#Bitcoin literally arrived last minute. With the upcoming financial totality (CBDC) and rapid growth in efficiency (AI), non-state money is absolutely crucial.
Imagine – and this will happen soon – that central bankers will try to maintain x% inflation in a world of dramatically increasing efficiency.
Instead of growing prosperity corresponding to human progress, braindead central bankers will try to maintain inflation, "because it is essential for the economy."
The only thing they will achieve is massive theft of wealth from the population.
Fortunately, we already have an opt-out strategy. We have bitcoin.
Imagine – and this will happen soon – that central bankers will try to maintain x% inflation in a world of dramatically increasing efficiency.
Instead of growing prosperity corresponding to human progress, braindead central bankers will try to maintain inflation, "because it is essential for the economy."
The only thing they will achieve is massive theft of wealth from the population.
Fortunately, we already have an opt-out strategy. We have bitcoin.