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There's a perception that bitcoiners are financial doomers. The truth is that bitcoiners see the corruption of a fiat inflationary system. It seeps into our societies, corroding our moral values and our economies. Bitcoin is a positive way out.
2025-01-04 19:05:51 from 1 relay(s) 17 replies ↓
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I think we've accurately identified why things are so bad (fiat and socialism) and have a workable and actionable solution. We're very realistic because we understand and accept how incentives work and where all of this leads to without course-correction. And we aren't calling for any violent revolution. The movement is incredibly peaceful. We're an optimistic and idealistic bunch.
2025-01-04 19:36:32 from 1 relay(s) ↑ Parent Reply
I was nothing but black pilled before finding bitcoin. I had learned that the idea of working hard and saving money to accomplish your goals was largely bullshit in the fiat system and there was seemingly no way out. Bitcoin changed that and encouraged me to work harder than ever to achieve those goals. Bitcoiners are some of the most white pilled people I know.
2025-01-04 19:51:27 from 1 relay(s) ↑ Parent Reply
I paraphrase nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzpmhxue69uhkummnw3ezuamfdejsz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcprfmhxue69uhkummnw3ezummjv9hxwetsd9kxctnyv4mqgevlfj You cannot properly measure the system from within the system. Well said nostr:nprofile1qqspnlha0uuujmf07ahc0amz0tnez3dujuwc4v3jq5q9jwd94yfmctcprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcpr3mhxue69uhkummnw3ez6ur4vgh8xetdd9ek7mpwv3jhvtcgllzeu nostr:nevent1qqsz8h4vtkzu9m8wp7uswylturtm9s49npfv3yfz6ckjnznr9334gasppemhxue69uhkummn9ekx7mp0qgspnlha0uuujmf07ahc0amz0tnez3dujuwc4v3jq5q9jwd94yfmctcrqsqqqqqpu9fqeh
2025-01-04 19:54:04 from 1 relay(s) ↑ Parent Reply
I have a friend that thinks it's meaningless to invest in Bitcoin because people would rather use a CBDC. I guess something like that or a Peter Schiff.
2025-01-05 17:03:41 from 1 relay(s) ↑ Parent Reply
There are two types of money in the system. FED creates base money/bank reservers/narrow money(They call it many things). Only commercial banks and the treasury has an account at the FED. Commercial banks create the money that we use in the real economy every time we take loan. And they are allowed to create more credit than they have in actual bank reserves. Anyway, you are getting caught up in semantics. Yes, banks are technically corporations. I'm just saying it's not Apples fault the prices of iPhones rises every year, the banking system/fiat money is to blame for that.
2025-01-06 04:19:30 from 1 relay(s) ↑ Parent Reply
BTC is hope. I just hope it’s not misplaced hope. The book “hijacking bitcoin” makes the case for developer capture/corruption. I want to believe BTC can become the new currency denominator but only will achieve the long term store of value if it is also a medium of exchange. The “never spend your BTC” ethos, high fees and small tps via block size cap constrain BTC from achieving a medium of exchange status.
2025-01-06 17:07:21 from 1 relay(s) ↑ Parent Reply