Thread

Hypothetical example?

Examples: - The pension ponzi (why should young talented people sacrifice themselves on the fiat altar) - "just go to uni and get a good job" - not when universities are overpriced, woke indoctrination centres - Over taxing and over regulating nation states - people will 'take their ball and leave' if they're not offered a reasonable deal

Interesting yeah my brother is young and he’s naturally coming to these conclusions Dropped out of college because the opportunity cost of his sats saving is too high. Looked down the barrel of how many sats he could save a month after 4 years of passionless work vs now and just didn’t make sense Couldn’t get behind the woke ideology Bitcoin is his pension

https://privatelawsociety.net Not social contact, but Bitcoin enforced contracts!

Good point Stephan. What excites me about transitioning to #bitcoin as equity over fiat is having a true cost of capital and hurdle rate for investments. This will place a higher bar on project financing diligence and project execution. It reminds me of when they used to build beautiful cathedrals centuries ago that were built to last. Proof of work will improve the money, how it is spent, and the quality of production. How can we not all be thrilled about that future?

Is this about eating meat with your fingers?

Going to be a while but social contracts without cooked incentives and a dilutive reward system will drive alot of change! I can see it in myself as I transitioned to a Bitcoin standard so I assume people and the institutions they run will face the same process over a long enough time frame