"Bitcoin is conservative Fiat is Progressive."
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Bitcoin is progressive. Fiat is degenerative.
Here is the context:
"Bitcoin is conservative:
I often hear the argument made that Bitcoin is libertarian, but Bitcoin is also the most conservative asset ever to exist.
21 million forever, no free rides, proof of work only.
I don't use conservative in the mainstream political sense. I use it in the form of Conservation of Natural Resources.
●Of preventing the tragedy of the commons.
●Of preserving the current over endless performative progress.
●Saving for the future instead of spending in the now.
●Discouraging debt and encouraging quality.
These are all ideals of a conservative culture. It is no accident that so many bitcoiners identify Bitcoin as the Christian ideal of money.
Bitcoin is conservative Fiat is Progressive."
https://bitcoin.org/bitcoin.pdf
where is the conservative Christian reference .??
learn reading comprehension
I've only shared another bitcoiners view
and even then. it's only a small segment
you don't think 21 million is conservative?
"Bitcoin is conservative Fiat is Progressive."
some people save, spend, trade bitcoin.
it’s not tied to any single group as your OP suggests 😊
aware
and he nowhere suggested it was "tied to any single group"
“Bitcoin is conservative
Fiat is progressive”
sounds like a divide lol
obviously
a divide between fiat (endless) and bitcoin (fixed)
His entire thread on X is great, worthwhile read.
What do you mean by progressive since you’re not referring to the political sense
not my post, snd it's much more in depth than this little snippet, but perhaps he means "progressively worse" 😂 Fiat taints everything.
Bitcoin is both