The main argument for fiat currencies has been exactly this. This is why we need inflation they say. But look at the society today. Young people have been fucked over and think communism or an authoritarian state is the solution. Among the older generations some boomers succeed, while others are just too dependent to the system to accept anything else.
Meanwhile the big banks and elite is the winners because they get all the interest money from loans, they profit from inflation while anyone with savings lose. All while young and old, middle class, lower class is turned against each others.
Bitcoin is like gold but faster, the early ones are the big winners, just like under the gold rush. Still, during the gold rush it was never too late to get in, just harder to mine, and the limited supply made everyone richer over time because there was no globalist elite to steal your wealth before they invented banks and fiat scams.
Still, could be worse. Imagine a monetary system where the FED increase the supply by issuing loans to create "classes" of people which they then turn against each others by convincing the poor that communism is the solution and that the "middle class" is evil. All while making a shitload of money from interest on those loans, which they then use to buy up all the gold.
Imagine if they then made that system digital and put themselves in charge of when you can pay, who you can pay, how much you can pay and the ability to confiscate everything you own with the click n a button. All while watching everything you do, taking out taxes etc etc...
Making money in Btc is like making money on your grandchildrens slavery.
The main argument for fiat currencies has been exactly this. This is why we need inflation they say. But look at the society today. Young people have been fucked over and think communism or an authoritarian state is the solution. Among the older generations some boomers succeed, while others are just too dependent to the system to accept anything else.
Meanwhile the big banks and elite is the winners because they get all the interest money from loans, they profit from inflation while anyone with savings lose. All while young and old, middle class, lower class is turned against each others.
Bitcoin is like gold but faster, the early ones are the big winners, just like under the gold rush. Still, during the gold rush it was never too late to get in, just harder to mine, and the limited supply made everyone richer over time because there was no globalist elite to steal your wealth before they invented banks and fiat scams.
Oh boy, imaginary money made up of 1's and 0's taking over gold and silver as wealth. I am so glad we are enlightened human beings!
Still, could be worse. Imagine a monetary system where the FED increase the supply by issuing loans to create "classes" of people which they then turn against each others by convincing the poor that communism is the solution and that the "middle class" is evil. All while making a shitload of money from interest on those loans, which they then use to buy up all the gold.
Imagine if they then made that system digital and put themselves in charge of when you can pay, who you can pay, how much you can pay and the ability to confiscate everything you own with the click n a button. All while watching everything you do, taking out taxes etc etc...
Oh what, that's exactly what happened.
Defund central banks
Defund Wall Street
bitcoin = maga