, 15 tweets, 3 min read Read on Twitter
0/Bitcoin is better money. It does not rely on appropriated authority. Bitcoin is the sum of all our unique, individual actions working against a fiat fueled, credit crazed world. Why is this important? Read on ⤵️ #bitcoin
1/Fiat monies need little to no input from the public at large. They prohibit the public from participating in determining its issuance, value and utility. As a debt instrument, fiat is a socioeconomic liability that zeros out accrued value.
2/This passive/static relationship with money allows politicians and bankers to effortlessly issue money at will. They then excise enormous amounts of “rent” from these baseless monies. A domineering, entrenched class of fiat elites holds the public in thrall.
3/State decree and force of violence give fiat value. This absolute power grants the state and its banking actors clemency - financial crimes go unpunished. Having hypnotized the public into believing debt is wealth they have established a global money monopoly.
4/As welfare money, fiat subjugates the public. It creates an economic dependency from which few can escape. The vast majority toil day in and day out as indentured servants to the state. They struggle to survive beyond their working years with little savings and meager means.
5/Politicians understand an oppressed populace will paradoxically agree to further economic incarceration when promised “dividends” such as debt cancellation, free education & healthcare, and universal basic income.
6/Money fused to the state amplifies political power and weaponizes currency preserving status quo. Central banks are granted state like powers over individuals, reducing citizens to powerless subjects and spreadsheet aggregates.
7/Bitcoin is fiat’s antithesis as it is money separated from state. This division creates a positive set of social and financial incentives. Money is no longer a tool used to spoon feed citizens into submission. Instead money must be publicly “farmed” through individual action.
8/Bitcoin’s model absolutely requires an active, robust global community of individuals. Developers, miners, node operators and users must constantly verify, secure and imbue Bitcoin with value.
9/Bitcoin forces the public to look at money as an essential principle of personal freedom which must be hard won and preserved for future generations. Monetary free speech must be defended. It is only robust effort that saves citizens from the state’s perpetual power play.
10/Our passive relationship with money is transformed into a persistent set of actions designed to create, expand and ensure Bitcoin is better money. Unlike other forms of money this is the genius behind Bitcoin’s growth and future success.
11/Bitcoin requires work, vigilance and defense. Bitcoin demands energy, seeks consensus and grows without resorting to the comfort of law. Bitcoin thrives on the frenzy of the public.
12/Public trust in central authorities surrenders ownership allowing passive-aggressive economic constructs to form: fiat. Individual self-interest reclaims ownership but requires continuous input in the form of personal effort: Bitcoin.
13/Bitcoin transmutes a dominating central authority into a network of individuals incentivized to make money better. It transforms a divided, docile public into a self-interested citizenry actively cultivating an opportunistic future. Bitcoin discards welfare, embraces work.
Fin/Bitcoin has been forged into the hardest money before our very eyes. As a monetary rule book without rulers it fundamentally changes how markets work. The actions of individuals are given free reign to shape the economy. Bitcoin wants you, Bitcoin needs you.
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