"The present has been persistently improved at the cost of the future. Dealing with the public debt has always been the next politician’s problem, and yet now, toward the later stages of a long-term debt cycle, we’re beginning to reach the point where the problems are materializing in the present."
Lyn Alden
"Don’t let any nasty Bitcoiners tell you that the dollar isn’t backed by anything, when we all know full well it is backed by self-referentially mispriced toxic loans and stabilized by a military and commodity cartelization pact with Saudi Arabia."
Bitcoin is Venice
"Those who store their wealth in the harder monies witness the preservation and appreciation of their wealth, while those who store it in easy money witness its dissipation. They may learn this lesson before it is too late, moving their wealth to the harder money, or they may not. In both cases, the end result is the same: The majority of the wealth will accrue to the hardest money. "
Saifedean Ammous
"Man is subject to the passing of time. He comes into existence, grows, becomes old, and passes away. His time is scarce. He must economize it as he economizes other scarce factors. The economization of time has a peculiar character because of the uniqueness and irreversibility of the temporal".
Mises