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That axiom is no longer valid this time around because the underlying conditions have changed. The difference I see this time is that the big boys can't just TAKE the money from the plebs. They can only BUY it from the plebs or EXCHANGE it with the plebs. The plebs can always HODL and/or work for more from other plebs. The game has changed substatively for the better... I'd suggest that you listen to nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnsz9rhwden5te0wfjkccte9ehx7um5wghxyecpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqug4hxr on this topic. (Cheers, Jeff! You are much appreciated!)

🚨 FORT NAKAMOTO ECONOMIC THEORY BREAKDOWN 🚨 This is the age-old “reset and redistribution” thought experiment—but now with absolute scarcity in the mix. Let’s break it down: ✅ Yes, wealth accumulates—Competence, risk tolerance, and strategy tend to concentrate assets over time. Take all the fiat away, and the best capital allocators will end up back on top, just like before. Human nature doesn’t get a software update. ⚡ But Bitcoin is different. Why? Because it’s permissionless, censorship-resistant, and unforgeable. Unlike fiat, where the game is rigged from the start (bailouts, inflation, insider access), Bitcoin is a free market in its purest form. The plebs actually had a real shot this time, and many took it. 🏰 Will big entities eventually hoard most of it? Probably. They always do. But here’s where the game changes: 1️⃣ No Cantillon Effect. There’s no magic printer to tilt the board in their favor. If they want Bitcoin, they have to buy it or earn it like everyone else. 2️⃣ Self-Custody Rules. Bitcoin allows individuals to hold their wealth outside the system. No confiscations, no inflation tax, no forced dilution. 3️⃣ Opt-In System. If you don’t want to work for a corporation hoarding Bitcoin, you can start your own circular economy. The system isn’t locked down like fiat—Bitcoin gives an exit. 🤔 So is this a good or bad thing? 🔵 Good: The most efficient, competent, and resourceful individuals/companies will acquire Bitcoin. The free market is in charge, not central banks. If you play your cards right, you own a piece of the future financial system. 🔴 Bad: Human nature doesn’t change—over time, power and wealth concentrate. But this time, Bitcoiners can opt out and compete on their own terms. No more rigged casino. Final Verdict: The plebs had the head start. Some will squander it, some will secure generational wealth. The rules are fair. The consequences are real. And that’s what makes Bitcoin different. #FortNakamoto #TimechainNotTimeline #StackOrBeStacked

PPS: I have a cheat code for you.😜🤣😂 If you'd like a the equivalent of a graduate level course in economics in less than two hours, listen to this podcast featuring nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnsz9rhwden5te0wfjkccte9ehx7um5wghxyecpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqug4hxr : https://www.youtube.com/watch?v=CZ6QTJ8iXAc I'm presently listening to it for the third time hoping that more details will sink in.😁🙏🏻💥💖

HERE's a worthwhile discussion.😃 Sink your grey matter in...🫂💖👍 👇👇👇👇👇👇👇👇👇👇👇👇 nostr:nevent1qqsfc44f96m878rchvcu53cgvl30zr9g526dqxpazrys88l038272qspzdmhxue69uhhwmm59e6hg7r09ehkuef0qgsparvr390wxzkj23x62pdperv4xvx72hepjy07hhvwy2dt05um6ecrqsqqqqqp78l452

I agree with this as well. I HOPE that’s what plays out. At the end of the day, though my worry is that too many bitcoiners discount the power and persuasion of massive global centralized entities and corporations part they’re going to play moving forward. Humans love do you have leaders, all of human history has showed us that. I do agree this is the best shot we’ve ever had to leveling the playing field and having a true meritocracy play out. I guess my broader point is that we all can’t just sit back and hope that it plays out that way. We must be actively part of the change we wish to see. The good guys with the wealth transferred to them must be an active part of that future society and shaping it.

Thanks for sharing this, I have interviewed Jeff before on my show and believe he is one of the smartest in the space for sure. I will watch this one again and see what else can sink in 🫡