davesoma on Nostr: The fiat system intoxicates investors and entrepreneurs with easy access to paper ...

The fiat system intoxicates investors and entrepreneurs with easy access to paper money, leading to the creation of fragile 'paper castles' and encouraging fraud.
This echoes the warnings of Warren Buffet, who, counterintuitively, is a critic of Bitcoin.
While Bitcoin doesn’t generate cash flow by itself, its role as hard money pushes the system to become more efficient and cash-flow oriented.