When productivity gains are captured via financialization rather than wage growth, political competition shifts from 'growing the pie' to distributive conflict.
The ideological turf war is thus not merely a symptom of failure, but a structural requirement of the current regime, fragmenting the precariat along cultural lines prevents the formation of a cross-ideological coalition targeting the shared economic adversary: the fiscal dominance regime requiring perpetual credit expansion.
Bitcoin is that coalition.
Thank you for giving us your time to teach us @Lyn Alden @Jeff Booth @jack mallers + many many more.
CZIGO
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Observer. Inspired by all the incredible things being built here. Spreading the message at a grassroots level.
Bond market: how much slavery can we extract from this population
Bitcoin: how much PoW do you need to be free