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Ser Ulric
npub196zd...4fk2
With The Pleb Underground
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Ser Ulric 2 years ago
Fiat is designed (purposefully or not) to collect into the hands of the wealthy few. In order to hide this critical flaw, more must be created for the "have nots" to play/work with; all the while, "prices rise" everywhere they look at an accelerating rate. The value of goods and services is not going up, the value of the state-issued paper is going down. If they stop printing, everything breaks. If they keep printing, hyperinflation, then everything breaks. The banks collapsing are just birth pangs of a new system rising to fix the grave errors this Keynesian abomination created. It's not a matter of if, but when. But Bitcoin...
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Ser Ulric 2 years ago
Bitcoin will clean up all the waste created by politics.
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Ser Ulric 2 years ago
Risk...🤣 Bitcoin is not risky. Putting your money in an asset that a government can cancel, lose, debased, or refuse to insure (even though insuring is also debasing) is the RISK. If you are risk-adverse, place your value in a place where it won't simply disappear. The time chain is the only objective form of savings, exchange and unit of account EVER!
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Ser Ulric 2 years ago
Looking forward to a decentralized world