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 "fiat currency is not backed by violence as many people think, it's actually backed by a captured economy" -- @gsovereignty 
 Me at a recent concert: “THIS isn’t a free country. You all are slaves. We all are … “

 
 Indeed!  
 "Fiat currency always eventually returns to its intrinsic value--zero." - Voltaire 
 Bitcoin fixes this 
 How are they captured? By being required to pay tax in the fiat currency, which if not paid then violence is applied. 
 That's like 2% of how they are captured 
 Yes, but the captured economy is maintained by the threat of violence 
 If so, then is that not itself captured by violence?
nostr:nevent1qqs9ztp2cjmk4uu8ytnq7rz96nes7jyqtyc35ruz0xlk0c8n647ettgprfmhxue69uhhqatjv9mxjerp9ehx7um5wghxcctwvshsygpm7rrrljungc6q0tuh5hj7ue863q73qlheu4vywtzwhx42a7j9n5psgqqqqqqsg74xzy 
 @gsovereignty ‘s talk surprised me- it was great. 
 who are you quoting 
 nostr:nevent1qqswnkg9cluv6737r9ravfpewp5qtrwmsqza02hsm4mpgh56jaqt23sprfmhxue69uhhyetvv9ujumn0wd68ymmrddjhgtn0wfnsygxezxg7xrsqg39egtqwst9dgu9n9tchzajvyf6mac9anymhal2qw5psgqqqqqqs7u9ga0 
 Few! The value is in the future value of the cash flows from citizens and other tax payers.  
 Violently captured I guess? ;)