There is something deeply wrong with a system that forces you to constantly put your hard earned money at risk in order to outpace the speed at which it is in turn silently stolen from you through relentless inflation.
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Well said. This is the battle I fight on a daily basis when orange pilling clients.
In their minds unfortunately at this stage, owning bitcoin is putting money at risk; but fighting hard to change that perception.
Spoke with a friend who told me their rent in the Canary Islands is 30% higher in EUR terms this year compared to last year. We’ve both been going there the last few winters. I calculated the rent priced in BTC terms and it’s about half as much this year compared to last year.
The worst thing about it is that the vast majority of people have no idea of it. They find other boogeymen like “corporate greed”, capitalism, etc.
Meanwhile, their unit of account is eroding in their hands. It’s sad and evil.
Painful and brilliant.
It’s funny how seeing the increase in EUR prices gave me anxiety, while seeing the price drop in BTC made me feel empowered.
... and then taxes your "gains."
It’s heartbreaking to see the amount of economic and intellectual capital spent on simply trying to keep up with inflation.
Sound money fixes this; #bitcoin fixes this.
Tribalism is what allows the vast majority to be miss-directed by their leaders and priests.
and yet they've convinced everyone that 'price stability' through inflationary debasement is natural and necessary