Thread by @Breedlove22

Private property rights can equally be called private property responsibilities. A proprietor is incentivized to take responsibility for the assets he owns to maximize the usefulness and longevity of the rights they bestow upon him.

"Give a man the secure possession of a bleak rock and watch him turn it into a garden.

Give a man a 9-year lease on a garden and watch him convert it into a desert.

The magic of property turns sand into gold."

Fiat currency inflation is a violation of private property—the arbitrary movement of wealth from one set of hands to another.

Inflation is a legally enforced injustice; it disincentivizes prudence and triggers a widespread abdication of responsibility among market actors.

Robbed of any reliable means of storing value across time, market actors are disincentivized to think long-term, thereby disintegrating social morality.

The voiceless are most victimized by inflation: the unborn, the poor, and the environment on which its costs are externalized.

In the present, rising prices result in increased scarcity, which incentivizes selfish behavior and social divisiveness, and a widening of the wealth gap as asset prices are artificially pumped.

But as @jordanbpeterson says “opportunity lurks where responsibility has been abdicated.”

Fiat currency inflation is the abdication of responsibility propelling the Bitcoin opportunity along its path to full global money.

#Bitcoin is mankind’s sole salvation from the impending flood of fiat currency: an ark of encrypted energy designed specifically to withstand the coming socioeconomic storms of inflation.

It's time for everyone to get on the damn boat.