, 9 tweets, 2 min read Read on Twitter
Capitalism, the 21st century scape goat:

Thread.

1/ Capitalism is a system of capital accumulation from saving. Capitalism w/ sound money naturally restricts lending to investment.
2/ Ironically, capitalism is blamed for conspicuous consumption & destructive action.

This is not the result of capitalism.
Rather it is the outcome of the capitalist coordination mechanism, the money.
3/ Modern day capitalism sits on a debt based monetary system. The price of money is managed & manipulated, not discovered.

To have a true free market, there must be a free market money.
4/ The managed price of money continues to trend down. Those close to the creation of the soft fiat money immediately acquire hard assets. Asset inflation & distorted prices occur. Building & furthering a wealth gap.

The populous blame capitalism.
5/ Without the ability to store time in money, destructive action occurs.

The lumberjack logs the whole forest, does not re-plant. The opportunity cost is too high. His time erodes in the money derived from the lumber. He clear cuts again.

The populous blame capitalism.
6/ Consumption in the debt fueled capitalist system is most sick.

A certain state devalues their fiat against the others, to create slave labour to manufacture “goods” with a planned obsolescence.

Environmental destruction. Human rights?

The populous blame capitalism.
7/ Capitalism with an equity monetary system, and sound money is a deeply peaceful & productive solution.

- More equitable wealth distribution.

- Less environmental destruction.

- Consumption without planned obsolesce of consumer goods.
8/ The #gold standard holds proof their is truth in my thread.

The heavy corporeal nature of #gold caused centralization, unbacked claims to the underlying, and here we are...Soft fiat money.

History aside.

The populous blame capitalism.
9/ Conclusion:

Look deeper. What is the coordination mechanism?

It is my hope that one day, the populous does not blame capitalism, but rather blames the money.

Peacefully opting out, storing time & wealth in a decentralized sound money.

#Bitcoin ✌️🌎
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