omekau on Nostr: Great to hear! That’s where I land, too. I’m trying to formalize my stance but I ...

Great to hear! That’s where I land, too. I’m trying to formalize my stance but I think there’s potential to refute his criticism of the speculative nature of bitcoin by viewing it through the lens of double effect. So long as one treats bitcoin not as a means to make more fiat but as a tool to store one’s value over time by understanding its inherent advantages over fiat regardless of price action, I think it’s fair game. Especially when one considers the adverse effects of money printing in fueling the capitalist state, funding the government/managerial class’s circumventing of the law, and pushing liberalism anywhere and everywhere. His promotion of pulling investments out of the stock market is admirable but remaining within the dollar economy is a massive elephant in the room. One would think bitcoin is the missing piece for his argument. Nicole Oresme writes about the adverse effects of debasement. It’s the extent of Church related writing I’ve been able to find regarding the nature of money and it seems pro bitcoin’s ethos.