Take back control.

Today we pit financial institutions against each other to see who can buy the most #Bitcoin. Competition is superior to government-coerced cooperation. What might the results of competition created by government policy be?

Today’s #Bitcoin decision will usher in a new economic era. No one can predict what the outcome will be, but it’s safe to say that many people will be having new conversations for the very first time. Let’s support them and show our best selves. Whatever their background, whatever their knowledge level, new Bitcoiners of all stripes should be welcomed.

Soon bankers will think they own #bitcoin too

Price inflation is ok but wage inflation is not. The Fed’s mandate is to ensure you get a low-paying job. #BTC #CPI

If competition is the natural state, how do we explain cooperation?

Are there any players in politics we can really call neutral or middle of the road?

Really looking forward to seeing how they propose we fix this one!

The price of #Bitcoin is less related to the cost of production as some might think. A broad reading of the Marginal Theory of Value would suggest it has no relationship at all.

Cut out the middleman #BTC

The link between excess credit and centralization has broad support. Ever bigger lenders offer ever better returns, leading to the too-big-to-fail situation we have today. Even this guy agrees that’s undesirable. Do we agree #Bitcoin fixes this?

Few people equate socialism with decentralization. Yet many theorists actually view greater government control as a path to reducing centralization. How - if at all - could that work? What would a decentralized state look like?

What’s more important for #bitcoin #education - teaching or learning? When dealing with people with different views, I say learning is more important.

Infinite money means infinite competition for resources - there is always an upside. #Bitcoin fixes this by limiting rewards to what the system can actually provide.

As #btc price rises with hashrate, we are reminded of the Labor Theory of Value. 19th century theorists agreed that price was determined by the work that went into production. How was this theory debunked? What can this tell us about the economics of mining?