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7/22/2025, 5:38:49 PM
>>511052287
>protections that kept the wealthy
Delusional. There is a reason this has happened over the last 50 years: unchecked monetary expansion. For what is created when new money is created other than a new fraudulent claim on existing resources? Where will this new money flow? It will flow where it can, into liquid assets well connected to global markets. We can observe this phenomenon very clearly in illiquid assets like labor or housing, which have both lagged highly liquid assets like equities or gold massively since ‘71.
There is no political solutions to this, because State is a memetic parasite incapable of productive action. There are only technical/economic solutions, and bitcoin is just that, a technical solution to the problem of the trusted third party in money. Notice that bitcoin does not need to be used transactionally to achieve this, positive-sum economic actors only need use BTC for long-term savings, as this is the abstraction most harmed monetary expansion.
>protections that kept the wealthy
Delusional. There is a reason this has happened over the last 50 years: unchecked monetary expansion. For what is created when new money is created other than a new fraudulent claim on existing resources? Where will this new money flow? It will flow where it can, into liquid assets well connected to global markets. We can observe this phenomenon very clearly in illiquid assets like labor or housing, which have both lagged highly liquid assets like equities or gold massively since ‘71.
There is no political solutions to this, because State is a memetic parasite incapable of productive action. There are only technical/economic solutions, and bitcoin is just that, a technical solution to the problem of the trusted third party in money. Notice that bitcoin does not need to be used transactionally to achieve this, positive-sum economic actors only need use BTC for long-term savings, as this is the abstraction most harmed monetary expansion.
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