Due to their fight to mandate lockdowns, masks, vaccination and travel bans, millions of people around the world will starve.
The nerve of these people to sit on their zoom calls and pretend to us how virtuous they are.
If given the choice, many of these people would happily go to work and earn some income to feed their families.
Meanwhile I see these western world virtue signallers on about how the world must vaxx to get freedom back. Get lost losers. If you want to sit inside, do it.
You idiots sit here stoking the flames of fear, and whining about muh "vaccine hesitancy".
Just reopen the world. The world needs brave and courageous people, not panicker authoritarians.
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@CathieDWood@elonmusk@jack@moneyball Steve: What shaped your views on Bitcoin?
Cathy: Focus on disruptive innovation, economics. Collaborated with mentor Art Laffer, and this launched their efforts.
Elon: Thought about money for a while with PayPal. Thinks of money as an information system. Sees opportunity for something better from an information theory standpoint vs say, ACH, credit card networks.
Fraud and govt interference being sources of error.
@SGBarbour@upstreamdatainc "It's just like, sweep it under the table. These are clean. Give me my subsidy to go to this project and let's ignore the elephant in the room."
"I consider all Bitcoin miners doing great things for humanity, with helping secure, helping distribute, helping produce the greatest money that has ever existed, the greatest freedom money that ever existed."
El Salvador govt will have a govt-wallet for merchants (but it won't be the only choice), as Bitcoin is an open network
@nayibbukele@nic__carter Company balance sheets will be in USD, but taxes can be paid with Bitcoin.
Debts will be able to be paid with Bitcoin.
There will be a trust fund put in place by govt, which will assume the price-risk of the merchants, and deposit USD for them, even if the customer pays BTC.
Some consequences of inflation and hyperinflation, as discussed in Adam Fergusson's "When Money Dies" book:
Thanks Fiat Money! For driving poverty and malnourishment.
"All children of every class... were two years physically and mentally backward for their ages"
"Rise in prices intensified the demand for currency"
" ration the cashing of cheques"
"business came to a standstill"
"Wages were simply not available"