Happy to dig deeper at some point but simply - today’s version does not exist, and all of the financial mathematics with it.
That debt - which most people are pricing from is already insolvent and has been for a long time. Ie - it is only solvent due to the belief that governments will come in and save the day and that saving the day results in a concentration of markets and a perversion of a free market system and then on to a creeping totalitarian and control system. All calculations currently are on top of this.
Most people also believe that the (insolvent) debt is required for people to make investments which is not true.
Not a light switch from one system to another but a repricing of everything through bitcoin with many hard lessons for people along the way.
Jeff Booth /
npub1s0…6eyhe
2024-08-20 20:30:45
in reply to nevent1q…hdc4
Author Public Key
npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhePublished at
2024-08-20 20:30:45Event JSON
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"content": "Happy to dig deeper at some point but simply - today’s version does not exist, and all of the financial mathematics with it. \nThat debt - which most people are pricing from is already insolvent and has been for a long time. Ie - it is only solvent due to the belief that governments will come in and save the day and that saving the day results in a concentration of markets and a perversion of a free market system and then on to a creeping totalitarian and control system. All calculations currently are on top of this. \n\nMost people also believe that the (insolvent) debt is required for people to make investments which is not true. \n\nNot a light switch from one system to another but a repricing of everything through bitcoin with many hard lessons for people along the way.",
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