People make better investment decisions with a #Bitcoin standard.
Only the best projects get financed b/c of the opportunity cost of parting with #Bitcoin.
Bitopia
BitopiaLand@BitcoinNostr.com
npub1zwqr...vwpr
History & geopolitics through a #Bitcoin lense.
"The government doesn't have to solve everyone's problem here."
-Paul Kurtz
Europe became strong because countries were competing with each other.
Unfortunately this also led to periodic wars.
#Bitcoin solves this by incentivising peaceful competition.
#Bitcoin art:
Napoléon on the Battlefield of Eylau (1807) - Antoine-Jean Gros
Creating currency units is not the same as creating value.
Creating currency units does however scr*w up the process of creating value.
If only 🇨🇳China and 🇮🇳India would unleash the power of their huge populations by adopting #Bitcoin.
Imagine what this would do to the world...
"The supreme art of war is to subdue the enemy without fighting."
-Sun Tzu
Time is the scarcest asset there is.
#Bitcoin is #2 and helps optimise #1.
BRICS+ moving away from the USD will be a big catalyst for #Bitcoin adoption:
1) They will first try a basket of currencies
2) They will realise these currencies are also manipulated
3) They might try something gold-backed
4) Realise this is no different
5) Use #Bitcoin for trade
#Bitcoin is the cure for short-termism.
🇷🇺Russia will now treat #Bitcoin as a commodity and export it for fiat.
It will soon realise this is a mistake and start demanding #Bitcoin for every other commodity it exports.
"Tyranny was always better organized than freedom, until #Bitcoin"
-Charles Peguy
Countries artificially lowering their exchange rates are only window-dressing.
In reality they are selling their resources and national output at a discount.
And thus weakening themselves.
No country has ever risen to top-tier on a weak currency...
After WW2 🇨🇭Switzerland had an unemployment rate of near 0% until 1975.
It went off the gold standard in 1973.
Coincidence?
You can't plan how much building materials you need if the measurements of your house constantly change.
Similar, you can make consumption or saving decisions if the value of your money constantly changes.
The number of innovations per capita peaked in the 19th century under the gold standard.
It will peak again in the 21st century under a #Bitcoin standard.
Price controls f*ck with prices, which is a dangerous game.
It causes economic deterioration and society's downfall.
Just look at the Soviet Union.
Countries without private property are weak and will always lose in the long-term.
"Man never made any material as resilient as #Bitcoin"
-Bernard Williams
