"We are built on debt.." @James Lavish
Yes! All the world economies are, the "capital" is indeed collateralised debt..
.. keep stacking, friendly advice.
View quoted note →
It's not a Capital system, it's a Debt system..
The small amount of real capital is projected dozens of times on multiple layers and levels, like when you enter a room full of mirrors.
You are the capital, and they leverage your future productivity projecting it, distorting it, and sell it back to you in the present, without explaining you will pay all of this in the future.
Until it all breaks apart, and you realise it's only you now, with all those scattered pieces of broken illusionary futures but that now creates real bleeding cuts as you try to move out of it.
First was FUD about Bitcoin being legit and having value at all, and then about it it being a good Store of Value or not over time.
I already hear and read about the new FUD being created and orchestrated ad hoc by some characters in order to achieve their goal moved by personal FIAT incentives IMO.
They will fight and try to neglect bitcoin as Medium of Exchange warning about changes in protocol (even softworks, and also about personal ownership advising for custodian and custody tools and service in order to protect the user. Lol.
Luckily there is a counter party to this, made by devs, entrepreneurs and real bitcoiners that are building and creating startups, services, softwares, apps and tools that will enable more and more users to use bitcoin as MoE so that this circular economy will flourish and bloom from the bottom up, organically, peer to peer, as it sould be.. separating money from the State.
Pura Vida bitcoiners, ad maiora 🤙🧡🫂🍀
Do not praise people, instead praise their actions or examples..
Everyone can change, fail, be wrong, or be right just one time in their journey, and their later mistakes or changes could obfuscate the good.