Tracy on Nostr: Interest is a myth. A scam. If the interest you earn never beats inflation you always ...
Interest is a myth. A scam.
If the interest you earn never beats inflation you always lose purchasing power.
Therefore, in the fiat world the only way to win is to pay interest. To have debt. But the key is to have debt against real assets. As real assets appreciate and store the wealth while the money debases under it.
But Bitcoin is the only finite real asset. And therefore the best asset to have. Period. There can be nothing better.
The problem? We have to suspend belief and make the abstraction to the digital world from the physical. Luckily this has been the trend in everything in our lives: maps, music, movies, and so on: all purely digital now and all ever-growing in abstraction adoption.
Nothing stops this train.
If the interest you earn never beats inflation you always lose purchasing power.
Therefore, in the fiat world the only way to win is to pay interest. To have debt. But the key is to have debt against real assets. As real assets appreciate and store the wealth while the money debases under it.
But Bitcoin is the only finite real asset. And therefore the best asset to have. Period. There can be nothing better.
The problem? We have to suspend belief and make the abstraction to the digital world from the physical. Luckily this has been the trend in everything in our lives: maps, music, movies, and so on: all purely digital now and all ever-growing in abstraction adoption.
Nothing stops this train.