A circular bitcoin economy isn’t ideological, it’s practical. When value moves peer-to-peer, more value stays in the community and communities strengthen and intermediaries lose power. That’s not radical. It’s how money used to work.

Replies (12)

And it still does. Ever sell items beyond government oversight? Something off a used marketplace? Cash to a contractor "under the table"? Pizza and beers to friends helping you move? Cigarettes to "Big Lou" for protection in the pen? V4V takes many forms. The intermediary you want rid of is govt and banks. Or at least a massive reduction in the cooperative ponzi they run.
Kevin 's avatar
Kevin 2 weeks ago
The Bitcoin way 👏🏽
I'll raise you one more it doesn't matter what decentralized medium you use to exchange with your peer. transacting directly with your counterparty is a revolutionary act.
Felix's avatar
Felix 2 weeks ago
Absolutely. We are building one . npub12e9wnwzw3v48w0p52zz7jxx2e7ymt0vm48s4skv4x9sg3c2t6y7q2j90vp Growing steadily
A currency can only be used within a society that has the same laws. You cannot have multiple societies with different laws sharing the same currency.
I disagree. A country's laws have HISTORICALLY dictated the value of its currency. However, we're moving into a 4th turning where the status quo will be obliterated (like usual, but in an unprecedented way this time due to cyclical frequency amplification). You should remain open to the concept that moving forward, the common currency ( #Bitcoin / #BTC ) will be the thing that FORCES the relative measurement of the value of the laws themselves. Bad laws = No demand. Good laws = High demand. Price adjusts accordingly; you are not preparing for THE "black swan" scenario (which is actually the most entertaining outcome because it forces global meritocracy on a fundamental level). 🤙