Scrotus on Nostr: Everything you wrote is true in the short term. However in the longer term, when ...
Everything you wrote is true in the short term. However in the longer term, when people are earning their Bitcoin by working (like they earn fiat now) the people adding value through work will be getting paid in something that cannot be debased so easily. Also, on a Bitcoin standard it will not matter how rich you are if you want more money you will have to work for it. With fiat, the rich get richer not by adding value but through theft and corruption.
Bitcoin has deeply transformative potential due to its ability to align incentives. Should be fun to watch it unfold. And if YOU want to stack sats you will probably get reletivly wealthy, and if normies can't see what's happening they will probably get wrecked. But that's why God gave us free will and I'd rather see the plebs with the power than the sociopaths in charge of fiat clown world any day.
Published at
2025-05-20 15:20:12Event JSON
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"content": "Everything you wrote is true in the short term. However in the longer term, when people are earning their Bitcoin by working (like they earn fiat now) the people adding value through work will be getting paid in something that cannot be debased so easily. Also, on a Bitcoin standard it will not matter how rich you are if you want more money you will have to work for it. With fiat, the rich get richer not by adding value but through theft and corruption. \n\nBitcoin has deeply transformative potential due to its ability to align incentives. Should be fun to watch it unfold. And if YOU want to stack sats you will probably get reletivly wealthy, and if normies can't see what's happening they will probably get wrecked. But that's why God gave us free will and I'd rather see the plebs with the power than the sociopaths in charge of fiat clown world any day.\n ",
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