Debt redirects where the profits of my labor go.
Ben's BTC stories
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Found Bitcoin in 2016, only started to understand it in 2018. I'm here to support it how I can.
On Nostr since 2022
Notes (2)
Happy new year!
Just a reminder that in a fiat based society, we are incentivized to have a banking relationship along with a debt for every asset we own. This is done to avoid paying taxes on profit from selling. The idea is to have an ever increasing amount of assets and debt. This is considered 'wealthy'.
Question: who benefits most from this setup? Is it the banks?
Why would we want such a fragile setup to be considered the end goal?
#bitcoin
#finance
#wealth