This is what #Bitcoin is really up against.

You think State’s are going to adopt sound money and end the bank’s monopoly where they can print 2 years of average salary as profit, to back a mortgage with the house and land as collateral to prop up a #HousingPonzi?

Be realistic. Everyone close to the money printer is going to do everything they can to retain this exorbitant privilege for as long as they can. https://i.nostr.build/oy2mgY3KGbOuzLuk.jpg  

 Do you think printing money works and Bitcoiners are just being moralists? This shit collapses and horribly. Just make sure you are clear of the fallout. 

 The Lindy effect works for fiat the same as it works for Bitcoin. I agree fiat is the more likely system to collapse but I also think this will go on a lot longer than most believe possible.

This note is aimed at those “Bitcoiners” who think we should be working within the State, getting “regulatory clarity”, trying to shoehorn sound money into the fiat system which absolutely will not work. 

 I don't really subscribe to the lindy effect as a rule. But I see how those seeking regulation don't see the obvious incompatibility between finite and infinite currency. They are the same people that think a monetary return absent innovation or expansion is possible. 

 My money is on the productive class.  No matter how hard these parasites try to sabotage sound money, the productive will flock to #bitcoin over a long enough timeline.