Oddbean

“Prosperity happens because you have good money and you have a community that trades. Government is the opposite of that. It is literally cancer. The fiat system is cancer. We have cancer. And you cannot fix cancer. You cannot just get radiation every week. You have to cut it out.” - @TheGuySwann with @walker https://v.nostr.build/eFFlVBd1lRGbh6yN.mp4

Electronic payments allowed for economic growth. It has absolutely nothing to do with fiat money. It becoming fiat was a side effect of going digital. It’s like saying you took medicine to get better but it gave you a migraine, then claiming the migraine made you better. Counterfeiting cannot, and never has had any economic benefit. It is purely and ONLY fraud. It has exactly the same net effect as stealing.

No, gold backed money could have done the same thing without the stealing from the workers and the boom bust cycles. FIAT is cancer pumped into the veins of society by extremely smart, evil bankers. You can't have a monetary system that is corruptible or it will be corrupted. We are living in a capitalis system run on communist rails. You can't build a sustainable system on top of an unsustainable one. Cancer is very fair if not nerfed.

I'm a lifelong @TheGuySwann fan now. This guy fucking spits FIRE. nostr:nevent1qvzqqqqqqypzq7q8pqp9qg6mz0y0keaw4u6q7fxr8pzmy3cw0hw8asx5psqxsfj9qqsx80plkngvqngc6h42wxkqdydhkkjm3evzfdjvdum9a69qxjpm2wgyd3d67

I don't know man. As soon as you remove government, a new monopoly on violence will form before you know it. The odds of that becoming a better monopoly than the existing one aren't great in western countries. Places without an effective government typically aren't great places to be I'm more of the belief that existing governments need to be reigned in and require better incentives, which is where Bitcoin comes in

Pass a constitutional amendment called the responsibility assurance act. For every $ the US government spends over a balanced budget and has to go to the money printer they need to hit ctrl+c ctrl+v, ctrl+v. So we run a 1 trillion debt make it 3 trillion and buy 2 trillion in BTC. Or like the last few years say 3 trillion for deficit 6 trillion for the BTC responsibility fund. The government can not touch the BTC under any circumstances until they have a balanced budget or USD is disband as a national currency. All fixed. Speed up the inevitable debt death spiral. Maybe teach these psychopaths that we don't want big government and big government will never survive a Bitcoin Standard. Start weeding out the most corrupt of the bunch now. Start shrinking government or just watch the Fed and rest of the government go up in smoke. Either way. Win, win. US comes out the other side looking ok. Then you just have to hope that if you plan on staying in the US that they knock the bullshit off before they blow through the BTC. Easy enough to expatriate to El Salvador if they don't.