Thread by @Indian_Bronson

The leverage the State—the one that failed on covid, the financial crisis, student debt, housing policy, infrastructure, endless foreign wars—has over you, is your life is enumerated in its currency; your labor, assets, transactions.

This is a shadow form of citizenship.

There are people from the EU who, if here on holiday for instance, can swipe their bank cards and pay US merchants dollars. There's a conversion from euros to dollars, bc the numbering systems depend on 'purchasing power parity' and govt buying and selling in FX markets.

A European who does equivalent labor for equivalent effort to an American historically has found that he does about 1.15 to 1.50x better in terms of prices. He might be significantly underpaid in total terms, though.

But his economic life, his holdings of 'wealth', are euros.

He doesn't have to participate in the US financial system. His labor, his wealth, his spending (unless it's done here) is all in Euros. This is true for an American also, wrt. the Euro and the Eurozone.

But what if neither of these men enumerated their lives in either currency?

The big issue with #Bitcoin is that every place you'd like to go spend some of your wealth (sorry HODLers, but the point of becoming rich is to enjoy being rich and that means spending), is that everything is denominated in dollars (or euros) despite these currencies SUCKING ASS

Why can't it be as easy as being someone whose life and economic activity is simply enumerated in another currency, until they swipe their card on holiday somewhere else?

Well, guess what — it can be: Welcome to Swype.

Your keys, your bank.

Your keys, your money.

Neither Swype, nor anyone else, but *you* should have access to your money—we can help you spend it, we can help you get paid and pay people in it, but it is *yours* and yours alone.