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A €100 worth of gold and a €100 in cash. Which one will you spend first? When the cash is gone, will you spend the gold as if it were cash, or would you br a lot more thoughtful? Especially if you know it theoretically increases it's value in euros over time. That's how I'm trying to explain how digital gold, bitcoin, solves so much. It is so valuable, so hard to produce, you just aren't going to be a frivolous spender if you think in bitcoin. You will try to get your money's worth, buy smart, buy well, buy less crap. You should eventually spend less time working to buy what you need to maintain a viable, decent standard of living. That thinking would apply from individual to state level. I have had a bitcoin mindset my whole adult life. Nowadays with bitcoin a thing, I don't feel like a crazy person not chasing the buck for fulfillment. The fiat euro or dollar has never been able to, and by design cannot underpin what is necessary to be happy and fulfilled. They are just a control tool to keep us headlessly working or headlessly accumulating more and more to keep the system going. For what? For the people printing that money, giving false promises that they have your back. I'm not here on this planet to keep a fiat system functioning, any more than my cat is, or the trees in the forest or the fish in the sea. I'm just born on a certain rock at a time when the fiat experiment was in full swing and most people around me from the cradle onwards were hooked in and unquestioning. There was once a time when stuff on sale was made with love or an eye to longevity. Stuff was repairable, inheritable. And there wasn't much of it. There was no abundance of riches for most. You might have one precious thing. Despite advances, and supposed abundance, almost everything we do now and make is less efficient, less elegant, less useful than we know it could or should be. Stuff is thrown away unrepairable and short lived by design. What were treats are now part of the daily grind. As a countryside dweller, it is so clear to me that mankind tries to dominate nature for the same reason a bully picks on their victim - an attempt to cover for our own inadequacy. We can't replicate let alone improve on 1m2 of Amazon rainforest, so we cut it down and burn it and put a cow in it's place. Nothing against cows, but talk about dumbing down and de-riching a marvellous resource gifted by this planet. It seems there is nothing man made either digital or tangible that can match bitcoin for power and elegance. It is maths, which seems to explain much of the natural world, personified. It is more precious than we thought gold was, and with way more features on the spec sheet. And it's for everyone in that noone can change it without massive consensus. If you have a pot of digital gold or a pot of currency backed by a hard asset, you will spend it wisely. If you have a pot of currency backed by the goodwill of a person who can print some more at will, see it for what it is and stop banking on it bringing peace of mind and peace on earth. It does the opposite. Ramble over.
2024-12-31 04:27:15 from 1 relay(s)
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