rant:
everyone likes to talk about carbon footprints.
but rather what’s your credit expansion footprint ?
There are two approaches as I see it:
1. Take out loans, live it up and help contribute to blowing the system to hell, at the risk of insolvency and sequestration. Make your credit footprint enormous.
2. Stay solvent, stack sats in the peaceful revolution and educate others to not participate in credit expansion themselves. This way allows for more time and more people to buy bitcoin and bring about hyperbitcoinisation peacefully. Leave little to no credit footprint at all.
Approach 1 allows for you to stack more sats and build your citadel, while 2 will likely mean we have a world where few to no people live as serfs, unlike now.
I personally don’t see a need for credit in my life, and if I one day buy a house i’ll pay in cash (bitcoin) - however approach 1 looks after my self-interests and I’m all for that, I’d likely end up with more sats, with taking that higher risk.
Approach 2 however could mean that the system will take a lot longer.
Is it time to stress this system beyond its limits with high personal risk, or do we educate, take longer help others for the system we like to firmly take root organically, at lower personal risk?
If anyone sees this and actually manages to read through all of this let me know your opinions!
pierre / Pierre G
npub108…va66a
2023-10-28 11:14:49
Author Public Key
npub108tc86pscxmf5nj8kkeeaf8ex3m6twfmp9wxn57r5pkdzwug3fks4va66aPublished at
2023-10-28 11:14:49Event JSON
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"id": "05c9b89778285a8e3aea9c7519640fff79875181a6ce159eda7ab997a0274400",
"pubkey": "79d783e830c1b69a4e47b5b39ea4f93477a5b93b095c69d3c3a06cd13b888a6d",
"created_at": 1698491689,
"kind": 1,
"tags": [],
"content": "rant: \neveryone likes to talk about carbon footprints. \n\nbut rather what’s your credit expansion footprint ? \n\nThere are two approaches as I see it: \n1. Take out loans, live it up and help contribute to blowing the system to hell, at the risk of insolvency and sequestration. Make your credit footprint enormous. \n\n2. Stay solvent, stack sats in the peaceful revolution and educate others to not participate in credit expansion themselves. This way allows for more time and more people to buy bitcoin and bring about hyperbitcoinisation peacefully. Leave little to no credit footprint at all. \n\nApproach 1 allows for you to stack more sats and build your citadel, while 2 will likely mean we have a world where few to no people live as serfs, unlike now. \n\nI personally don’t see a need for credit in my life, and if I one day buy a house i’ll pay in cash (bitcoin) - however approach 1 looks after my self-interests and I’m all for that, I’d likely end up with more sats, with taking that higher risk. \n\nApproach 2 however could mean that the system will take a lot longer. \n\nIs it time to stress this system beyond its limits with high personal risk, or do we educate, take longer help others for the system we like to firmly take root organically, at lower personal risk? \n\nIf anyone sees this and actually manages to read through all of this let me know your opinions!",
"sig": "e5c885c88b281171960b05948236f22449cc9b5a55cf42ccd4cdc6fc638ff835ae0197087a2f1250d3e098ff7fb0f91507ad6567fb5d8c4c8e82dfbb90be6ea3"
}