They got us.
Credit card companies got everyone to use their credit cards for the points (1.5-2% back) and now every merchant puts a 3%+ surcharge for using a credit card.
Well played
Kurt
kurt@nostrplebs.com
npub17ssh...ctnr
privatize money #bitcoin
decentralize everything #nostr #selfhost
Is there a chance the future of #Bitcoin follows #linux? Linux dominates enterprise and cloud compute and small minority of individuals.
Bitcoin becomes a treasury asset for corporations and only minority of individuals ever hold it.
Is a flat tax (no deductions) the only way to safeguard against the tyranny of the majority?
Having to pay for what you vote for may make you vote differently?
no need for tariffs. just cut the income tax to next to nothing and the federal government along with it.
I must be getting old. instead of watching the latest sports ball I'm buying #bitcoin, running a full node, self-hosting matrix server, getting started on #nostr. what next?
It's odd boomers are terrified of making any changes to social security, which could significantly help younger generations. This is the cohort with $70,000,000,000,000 in wealth. The first generation whose kids may be worse off than them.
The internet is meant to be decentralized, that is its superpower.
The users are to blame for the centralization of the internet, not the corporations. The users must work to decentralize it, the corporations won't.
Small summary of a point in "Road to Serfdom", if you wonder why things seem to be getting worse:
"Hayek also warns about the psychological impact of living under a controlled economy. He argues that people’s values and morals can degrade when they’re deprived of autonomy. When individuals become accustomed to the state making decisions for them, they lose the drive for personal responsibility and self-reliance, which are essential for a vibrant and free society."
Dominion voting scanners are messed up. How is this possible? We've been grading college exams via bubbled in scans for decades upon decades. This technology was perfected long ago.
In the race to accelerate as fast as possible, it is good that a minority of people are focused on decentralized technologies that could always remain outside the system.
Arguably this tech is always needed, but it certainly must be developed and deployed before it is ever truly needed as in that moment it would be too late.
It is odd that people living in tight and unnatural quarters (large cities) adopt a socialist ideal. While people living in open and more natural spaces in the country maintain a more conservative ideal.
There must be something about population density that makes people go bonkers and think they are entitled to others property.