I watched a documentary on the dot-com era, during which Greenspan failed to raise rates fast enough and popularized the "Greenspan put".

The film noted that the mood through the late 1990s reflected confidence and clarity for the future. And when it ended, the fog revealed itself and the prior optimism showed itself as nothing more than a "mirage of wealth without work."

Bitcoiners know work is required for wealth. We know fiat is a mirage, nothing more than an "internal reflection." It is not real, and doesn't last. The physical world and Mother Nature reveal themselves eventually.

#bitcoin