Dissident Sound on Nostr: i don't believe in Bitcoin because i don't buy the premise that Bitcoin is money. ...
i don't believe in Bitcoin because i don't buy the premise that Bitcoin is money.
Bitcoin is a meme asset. Even if we ignore the meme part it is still an asset, not money.
Money is created by the powers that be for their own benefit - and we are forced to use it to pay taxes - it is how the system of wage slavery is set up. Bitcoin does NOTHING to change this.
You can invest in any number of assets like Real Estate, Stocks, Precious Metals etc. Bitcoin is just one more asset like that, except it has no use in the world whereas for example Gold is useful in dentistry and electronics, Stocks represent businesses that solve the needs of customers and so on.
So Bitcoin is just an ultra-retarded Asset. It isn't money. As such it solves nothing.
Bitcoin is a meme asset. Even if we ignore the meme part it is still an asset, not money.
Money is created by the powers that be for their own benefit - and we are forced to use it to pay taxes - it is how the system of wage slavery is set up. Bitcoin does NOTHING to change this.
You can invest in any number of assets like Real Estate, Stocks, Precious Metals etc. Bitcoin is just one more asset like that, except it has no use in the world whereas for example Gold is useful in dentistry and electronics, Stocks represent businesses that solve the needs of customers and so on.
So Bitcoin is just an ultra-retarded Asset. It isn't money. As such it solves nothing.