If you have a central entity issuing infinite credit from nothing at an arbitrary price because they issue it from nothing, then everything you just laid out is meaningless. If on the other hand, you have a sound money where people are lending real savings and thus the supply is real and not make believe, then everything you explained is simply exactly how a market works.

Already part way through them. Just been crazy busy. You’ll probably notice I haven’t had many reads at all lately. Just a lot going on

They’re long as shit, lol. I’m working on them actually

“Just let humans use whatever the fuck they want to use in order to transact, to save, or whatever.” When have I not allowed that in any way whatsoever? I’m telling you what the extremely likely result of that is in the long term. Literally nobody is forced to use anything in Bitcoin or crypto. The outcome as it has been is exactly what you are demanding. If you are mad that people think differently, then you simply can’t handle the basic reality of decentralization and markets. It doesn’t mean everyone agrees with you.

There is no false mental model more destructive than the idea that prices are supposed increase over time. All prices should fall if the economy is more productive. Indefinitely. It is literally only because trillions of dollars are counterfeited from nothing every year, and our time, living standards, home affordability, and critical resources get sucked out of the economy to pay for it that things get more expensive. It is explicitly unnatural and it’s explicitly because we have fake money and a communist central bank at the lowest layer of our economic system.

That makes absolutely no sense. Bitcoin maximalism is just the simple result of thinking about the outcome. It’s not prescription, it’s a logical conclusion. The idea that realizing what the outcome of competing monies will be is “authoritarian” honestly only shows how much baggage you have coming into this.

They say we issue debt from nothing because it “grows the economy” and it’s a “net benefit.” Well… if we have 2% price inflation, it means the “net” is explicitly a loss. Otherwise stuff would be more affordable. 2% inflation means that the cost of explicitly out weighed the additional production, because the net result was clearly that things got 2% more expensive. This is exactly why you can’t afford a house, you need 2 earners, and you have no time. You’ve been losing minimum 2% on net of living standard every year for decades.

I HAVE tried this!

I have become a huge Zorin fan

The electric credit system isn’t bad, it’s simply regulated by a *real* interest rate and genuine savings being loaned. Otherwise it’s either being manipulate by price controls (on interest rates) or by fraud (rehypothecation and fake backing). But there’s nothing inherently wrong with credit. It’s the fake prices, central bank manipulation, and financial fraud to fake economic signals that is bad.

Nobody. That’s exactly why we want a natural sound money and not a managed one. In the end the soundest money that most reliably secures its integrity will be the one that society consolidates on.