State is a memetic parasite, it is incapable of productive action. Bitcoin will drain abstract economic value from land organically without the need of statist parasites.

>pasta
Physical goods require active force simply to maintain ownership, trust-based assets require trusted third parties (TTPs) to operate them. Storing abstract economic value in either enables negative sum actors (NSAs) to parasite as negative sum actors can specialize exclusively in force, taking physical goods by force and either coercing TTPs, or using force to BECOME the TTP (the origin of State). Positive sum actors had to either reduce their own production to make time for murdering/imprisoning/exiling NSAs, pay extortion to them, or employ positive sum actors specializing in force (police/military), however, as abstract economic value was seizable, there was a constant selection pressure for these “immune cells” to turn malignant.

Hence the cyclic nature of empire/nation growth and decay, positive sum actors build, negative sum actors corrupt and destroy, NSAs are excised & PSAs rebuild from the ashes. As can be seen, PSAs have been at a HUGE disadvantage to NSAs through history, the best “solution” we had come up with pre-BTC was Plato’s Benevolent Philosopher King, a perfectly trustworthy trusted third party, do you have any Benevolent Philosopher Kings lying around? Not a real solution.

But by placing abstract economic value beyond the veil of voluntarity, positive sum actors can reverse the advantage. Satoshi has “fixed the glitch”, NSAs will no longer be able to parasite “so it'll just work itself out naturally”. No force, no confrontation, necessary.

Bitcoin obsolesces coercion, achieving Voluntarism not via an impossible to implement memeshit “non-aggression principle”, but by removing the profitability of force.

>>60664679
thanks for making me breakfast in this amazing bull run bobo fren

>banks are insolvent
Water is wet. Stack sats and chill.

>>60620732
Economic units have demand not because of belief, but because their supply properties allow demand to alter price primarily instead of supply, enabling economically useful functionality such as Store of Value and other economic abstractions. This is why grain et al, despite having great “intrinsic value” and near-universal acceptance performs poorly as an economic unit, grain has huge elastic supply so increasing demand results in increased supply, instead of increased price, preventing the encoding of economic state information into the price of grain and therefore preventing the use of grain et al as an economic unit.

Gold has been used as an economic unit since antiquity because its low elastic supply render it a fine natural approximation of a unit, but it still possesses elastic supply, bitcoin surpasses gold primarily by possessing perfect inelastic supply, while network effects keep BTC ahead of newer imitations as they fail to improve on the systemically important properties of bitcoin.

>>60605096
>Dollar collapses
>Executive order under commie leader seizes/suspends all non-dollarized market securities "to promote public stability"
>Meanwhile I'm on a boat with butt plug seed in

We are not the same

>>60584593
“Storing value” is an economic abstraction enabled by abstract economic units like gold, land, equities, debt instruments, or bitcoin. Bitcoin is the first trustless unit with perfect inelastic supply, this is so valuable because the only way to transfer value temporally is to hold assets that will have demand in the future. Increasing supply is equivalent to decreasing demand so being constrained in supply is necessary. To transfer value into the future I therefore want two things: constrained supply (preferentially fixed) & network of use as an economic unit. I want these things because I know that the future will also want these things, I want the largest, perfectly inelastic, economic unit as it will be in demand in the future, I want BTC. BTC = Value.

>>17815962
It’s still not too late to buy BTC

>>60577498
>believe
Belief not needed.

Economic units have demand not because of belief, but because their supply properties allow demand to alter price primarily instead of supply, enabling economically useful functionality such as Store of Value and other economic abstractions. This is why grain et al, despite having great “intrinsic value” and near-universal acceptance performs poorly as an economic unit, grain has huge elastic supply so increasing demand results in increased supply, instead of increased price, preventing the encoding of economic state information into the price of grain and therefore preventing the use of grain et al as an economic unit.

Gold has been used as an economic unit since antiquity because its low elastic supply render it a fine natural approximation of a unit, but it still possesses elastic supply, bitcoin surpasses gold primarily by possessing perfect inelastic supply, while network effects keep BTC ahead of newer imitations as they fail to improve on the systemically important properties of bitcoin.

>>60558875
That’s why im rotating my fiat into Bitcoin

>>60544397
Just HODL for five more years

>>17769533
I bought BTC in 2017, I’m wealthy

>>60496322
*gets BTFO*
*moves goalposts*

Back to plebbit kiddo

>>60494590
> low-cost, broad-market index funds within tax-advantaged accounts

Booker tier advice, BTC will out perform index funds for decades yet

>i-its crashing to zero you Nazi

LMAO I’ve heard it all before dweeb

>>60490557
Based, it’s still cheap

>>60486808
You got a stalker who’s obsessed with your drunk posts. He’s spammed my threads with screenshots of random shit you’ve said lel

>>60482991
Imagine it takes $1 million to do once what was your grandpappy's natural free right to do whenever he felt like it

https://www.youtube.com/watch?v=Kx7DglQHrGU

That does it, I'm all in