If humans are to gradually be replaced int their contribution of “labor” and Keynesian ideal of mass consumption and fiat is still the main vehicle for economic growth then UBI from government is necessary.
This looks like fake money paid by governments that have a tendency to shut down bank accounts of people and behaviors they don’t like. It means you stay on that hamster wheel forever and they make it harder for you to save the UBI you didn’t even work for. They will have more and more authority of what you buy now you invest and how long your currency holds value because tech deflation and falling birth rates means their Keynesian GDP game only keeps chugging forward if you spend faster and faster.
Your alternative is hard money. Some bullshit GDP number may not work as it used to but you’ll have more access to your things you need cheaper housing more time and more freedom.
The interesting thing is you can choose either world right now both options are just playing out in slow motion.
Zoom out and stack sat. 🫡
#Bitcoin #Fiat
Peyton Allworth /
npub16e…0u3m6
2024-08-09 05:24:15
Author Public Key
npub16eqvnxnqmsnn42fk8qkdssujw3z3cp9g49wls8ewjeap3ztwkfyqs0u3m6Published at
2024-08-09 05:24:15Event JSON
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"content": "If humans are to gradually be replaced int their contribution of “labor” and Keynesian ideal of mass consumption and fiat is still the main vehicle for economic growth then UBI from government is necessary.\n\nThis looks like fake money paid by governments that have a tendency to shut down bank accounts of people and behaviors they don’t like. It means you stay on that hamster wheel forever and they make it harder for you to save the UBI you didn’t even work for. They will have more and more authority of what you buy now you invest and how long your currency holds value because tech deflation and falling birth rates means their Keynesian GDP game only keeps chugging forward if you spend faster and faster. \n\nYour alternative is hard money. Some bullshit GDP number may not work as it used to but you’ll have more access to your things you need cheaper housing more time and more freedom. \n\nThe interesting thing is you can choose either world right now both options are just playing out in slow motion.\n\nZoom out and stack sat. 🫡\n\n#Bitcoin #Fiat",
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