Politicians steal 50% of your money with taxes. Then they steal 10% every f*cking year by inflating your money away. How retarded do you have to be to voluntary send them even more😮 Especially your hard #Bitcoin 😦

True, but I would say these are also downstream of these 3 main monopolies. When we don't believe in the authority of the state anymore, they will fall apart very quickly.

I don't think it matters who is accumulating it. Eventually all these centralised pockets of #Bitcoin are brought into the formal / regulated / legal economy. Since the state has the monopoly on violence, they can get those coins if they wish. The US gov can today already grab a few million coins with the stroke of a pen. It won't harm Bitcoins final mission (end fiat money printing) and there is nothing we can do about it. At the same time, I don't like it. Plebs stacking harder into cold storage is the only way that they will get less. STACK SATS PLEBS!

I don't think Orwellian is the right term for this. It's just a power happy politician grabbing power. Happens always, happens everywhere and happens through the entire history of nationstates. In the mean time. The posterchild of democracy, the USA, is rolling out an AI surveillance grid that even Orwel couldn't imagine. The Palentir, Stargate, geniusact combo is scary AF. Software is free to copy, so after the rollout in the US, surely the rest of the world will get it 'for free' in exchange of some data. Maybe there should be some more focus here? Don't get me wrong , I love the work you do with HRF and your research into the IMF and World Bank. You just still have a stubborn flawed program in your head that democracy is somehow good 😁

Yes, statism itself is the dangerous religion. It grands the (imaginary) right to coercion / initiation of violence, while the others don't. The other religions are just used by the state to divide, fearmonger and do their evil war games. If we wouldn't have these religions, they would find something else.

🤣🤣🤣 https://primal.net/e/

He's saying exactly what I say 😀

Yes, 100% agree. You can't hate #capitalism in the original meaning of the word without looking incedible stupid. So everyone who want to control what is not theirs, have to bend the meaning to dunk on it and promote their #socialism. It's confusion on purpose.

Final #Bitcoin target for full adoption in todays dollars: 1) Estimate the current % of monetary value of each asset 2) Multiply the monetary value by the marketcap (now you only have the monetary premium of each asset) 3) Add it all up 4) devide it by Bitcoin's market cap The answer is the amount of times Bitcoin should go up. It's pretty big 😁

Alligned incentives in a social / societal / political system is not 'a nice to have', it's a requirement to decide whether a system is viable in the first place. Humans act, they act to optimise for their personal value rankings (make choices), incentives are the best paths to optimise the value they expect to get and economics is the study of this phenomenon. I would say incentives in a social system are like gravity in the physical realm. If your system requires items to 'fall up', its not going to work. Like the item will fall down and screw up your system, humans will act differently than the system requires, and it will fail. Conclusion: If you want to judge a political system, look at the #economics / incentives first, and ONLY look further if it passes this test. #austrianEconomics #Politics

1) If we don't agree about the meaning of words, we won't understand each other by default 2) I am not an American 3) Most of what I say is based on #AustrianEconomics, which is literally held away from the public when the gov had a full monopoly on information and is getting very popular now the internet broke their monopoly, which tells me that its very anti mainstream media and anti government