If you’re talking about fiat price, #Bitcoin doesn’t only go up. It swings wildly. Its Fiat price is heavily manipulated because fiat price is the only aspect of it that can be manipulated by the legacy financial system who has an infinite fiat money printer at their disposal. Fiat price is therefore meaningless.
Soon though, you won’t be able to trade Fiat for Bitcoin. I, and many others, already don’t accept it. If I own just one Bitcoin, then there only needs to be at most 21 million other people like me out of the 8 billion humans on earth for my plan to work.
If you want my Bitcoin, you’re going to have to provide me with a tangible good or service. I won’t trade for garbage disposable stuff either. It’s going to have to be a made well product that lasts a long time or be of high quality. If no such products or services exist, I’ll just continue to make do without them, but I’ll never trade my Bitcoin for fiat.
The end result of this is that Bitcoin ends up in the hands of people like me, who buy it religiously, every day in fact, despite meaningless changes in the Fiat price with any excess fiat that I earn.
People like me are admittedly zealots, and I truly believe I am at war with central bankers. I don’t buy Bitcoin to make more Fiat or get rich. I buy Bitcoin to break the current corrupt system and burn the money printer along with those who control it.
The coming Bitcoin economy will be very different from the one we know today and the incentives will be completely different.
Why bother with any of this you may ask? Well, we all have choices to make and only one life with which to make them. As long as I can wake up everyday in a comfortable bed, exercise my brain and my body in some fashion, and spend time outdoors or with the people that matter to me, I know I will be happy.
I see so many others struggle with life caught in the vicious cycle of materialism, debt, bad relationships, wage slavery, etc that I want to do something about it. #Bitcoin is the peaceful protest anyone can join, and unlike other forms of protest, I don’t need to burn down my city or assault my fellow plebs in law enforcement/the military to do it. Even more importantly though, a vote for Bitcoin is a vote that actually matters.
When you take the fruits of your labor out of the hands of the Fiat debt slavery cartel, you actually make a difference. On your own, the difference is small. But together with others like me, we break the wheel.
Happy hunting.
Not my name
npub1l0…vtmj2
2023-05-29 11:33:31
in reply to nevent1q…7ugr
Author Public Key
npub1l07hhrxr9jpnu37pq7pm9qvk9nlvdzefmqvxlsrlnv2caq0zeqcsqvtmj2Published at
2023-05-29 11:33:31Event JSON
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"content": "If you’re talking about fiat price, #Bitcoin doesn’t only go up. It swings wildly. Its Fiat price is heavily manipulated because fiat price is the only aspect of it that can be manipulated by the legacy financial system who has an infinite fiat money printer at their disposal. Fiat price is therefore meaningless. \n\nSoon though, you won’t be able to trade Fiat for Bitcoin. I, and many others, already don’t accept it. If I own just one Bitcoin, then there only needs to be at most 21 million other people like me out of the 8 billion humans on earth for my plan to work. \n\nIf you want my Bitcoin, you’re going to have to provide me with a tangible good or service. I won’t trade for garbage disposable stuff either. It’s going to have to be a made well product that lasts a long time or be of high quality. If no such products or services exist, I’ll just continue to make do without them, but I’ll never trade my Bitcoin for fiat. \n\nThe end result of this is that Bitcoin ends up in the hands of people like me, who buy it religiously, every day in fact, despite meaningless changes in the Fiat price with any excess fiat that I earn. \n\nPeople like me are admittedly zealots, and I truly believe I am at war with central bankers. I don’t buy Bitcoin to make more Fiat or get rich. I buy Bitcoin to break the current corrupt system and burn the money printer along with those who control it.\n\nThe coming Bitcoin economy will be very different from the one we know today and the incentives will be completely different. \n\nWhy bother with any of this you may ask? Well, we all have choices to make and only one life with which to make them. As long as I can wake up everyday in a comfortable bed, exercise my brain and my body in some fashion, and spend time outdoors or with the people that matter to me, I know I will be happy. \n\nI see so many others struggle with life caught in the vicious cycle of materialism, debt, bad relationships, wage slavery, etc that I want to do something about it. #Bitcoin is the peaceful protest anyone can join, and unlike other forms of protest, I don’t need to burn down my city or assault my fellow plebs in law enforcement/the military to do it. Even more importantly though, a vote for Bitcoin is a vote that actually matters. \n\nWhen you take the fruits of your labor out of the hands of the Fiat debt slavery cartel, you actually make a difference. On your own, the difference is small. But together with others like me, we break the wheel. \n\nHappy hunting.",
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