Fiat systems incentivise banks to take risks for big profits while being aware that they will always be saved and won't pay for their failure like in 2008/09.
Being born into a fiat system therefore means you're forced to play a game with high risk/negative reward. Risk and negative reward forever increase the further the system is on its inevitable way to collapse.
Hence #HardMoney like #Bitcoin is necessary.
YnoT
npub1c4…3m2mj
2024-05-17 16:55:35
Author Public Key
npub1c4n8g7dyak2v6w5xf440mkvs2564w47pmud2wys9qhjyuxc2xfuqf3m2mjPublished at
2024-05-17 16:55:35Event JSON
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"content": "Fiat systems incentivise banks to take risks for big profits while being aware that they will always be saved and won't pay for their failure like in 2008/09.\n\nBeing born into a fiat system therefore means you're forced to play a game with high risk/negative reward. Risk and negative reward forever increase the further the system is on its inevitable way to collapse.\n\nHence #HardMoney like #Bitcoin is necessary.",
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