fray / Fray is on Nostr

Stay Humble, Stack Sats

Last Notes

2024-07-31 01:57:33

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What is the url for this resource? It’s terrifying haha. Thx

2024-07-26 05:34:50

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Lyn speaks, I obey.

2024-07-01 00:49:33

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Ded

2024-06-15 05:41:48

My core thesis is simple and supported by 100+ years of central bank interventionism. Namely, that the relationship between governments, central banks and their currencies is toxic; prioritizing government power at the expense of its citizens. Monetary debasement Will. Never. Stop. The collectivist muppets doing the money printing argue that monetary debasement (inflation) is worth it because of all the ‘good things’ governments are using that stolen purchasing power for. The fact that the wealth of the middle class has been torpedoed for decades, while governments have increasingly pushed more socialist / interventionist agendas, should be repudiation enough. Rather than a siren cry for more government intervention in the economy, the solution is the opposite; a return to free market principles starting with money - the most monopolistic market of all, and one that has destroyed the wealth of billions. In the analog age, gold served as the go to store of value to protect against inflation, monetary debasement and confiscation - due to its physical scarcity and bearer asset nature. In the digital age, digital scarcity like Bitcoin will become the go to option to escape the financial extortion of governments and central banks.