“It's hard not to follow the incentives, and there are incentives to short fiat.
To not follow the incentives you'd have to break your mind and become what the communists wanted people to become, an incentive non-following creature. Such a creature would end up taken advantage of, enslaved, abused and poor.
Shorting fiat also involves liquidation risk, so you're paying a price for it in the risk and the higher your leverage, the greater the risk.
Perhaps the idea that borrowing fiat to buy bitcoin is unethical is a psyop sowed by the powers that be to keep us from stacking more? Just a thought.
I tend to view it as a game. The goal is to maximize your score, which is the amount of sats stacked. If you don't play it well, others will and you'll be their victim.”
https://stacker.news/items/710100/r/halalmoney?commentId=710396
halalmoney /
npub1vd…97rjz
2024-10-04 09:34:24
Author Public Key
npub1vdaz78d96t7pjakpfmqqlr4wgq26l6vmkf25782n05qgdgtfmk8s297rjzPublished at
2024-10-04 09:34:24Event JSON
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"content": "“It's hard not to follow the incentives, and there are incentives to short fiat.\nTo not follow the incentives you'd have to break your mind and become what the communists wanted people to become, an incentive non-following creature. Such a creature would end up taken advantage of, enslaved, abused and poor.\n\nShorting fiat also involves liquidation risk, so you're paying a price for it in the risk and the higher your leverage, the greater the risk.\n\nPerhaps the idea that borrowing fiat to buy bitcoin is unethical is a psyop sowed by the powers that be to keep us from stacking more? Just a thought.\nI tend to view it as a game. The goal is to maximize your score, which is the amount of sats stacked. If you don't play it well, others will and you'll be their victim.”\n\nhttps://stacker.news/items/710100/r/halalmoney?commentId=710396",
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}