@kepford295
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0 sats \ 0 replies \ @kepford 24m \ parent \ on: A brief attempt to orange pill Dave Ramsey bitcoin
This explains why I have never heard of him.
Never heard of this guy. Not surprising that he said bitcoin isn't a currency. Not surprising he made no mention of the developing world and effects of fiat currency debasement. No mention of censorship resistance and bitcoin use against repressive governments.
Its wild. Truly wild. He's clearly not understanding bitcoin on a technical level. I may be missing something but he's off on gold with 100 years 2%.
No mention of proof of work, game theory, digital scarcity, double spend problem, or censorship resistance. Dave's whole deal seems to be he doesn't understand bitcoin. He's interpreting bitcoin based on the NGU crypto bros, and ignoring what die hard bitcoiners value.
I have to agree with Marty here. This is gas lighting nonsense. Guys like this dude are great and making bullshit sound profound.
Value is subjective as is beauty. Ugly and unattractive are different. One can have many virtues that make one attractive besides outward beauty. Some people value physical traits over ability or virtue. Others value wealth over everything. Others status. This to me is one of those obvious observations that sounds smart because it is all dressed up in fancy clothes.
When I look at bitcoin as a historian I don’t like it because this is a money built on distrust
As a pleb, when I look at the history of governments and central banks I see a system of broken trust. I see a system that doesn't trust the pleb but requires that the pleb trust the politician, bureaucrat, and banker. I see a society where moral rot fueled by short term dog eat dog thinking has destroyed the trust that was once something that separated western democracies from eastern authoritarian communist states. The elite class and their theft from the plebs have created a culture where we have to have trust minimized systems. If we don't build them we will never be free. We will never get out from under the boot of the elite.
The world my parents grew up in indeed was full of more trusting people. It wasn't bitcoin that changed that. It was the system of control we have been living under. People that live under authoritarian governments do not trust them. I believe one reason trust is rare is because trust is so rarely earned. We are slowly wising up.
Just one pleb's opinion.
money in order to build more trust
There is a huge difference between you have to trust me and you have learned to trust me.
Trust is a heavy word. I trust people more as I have more experience with them and their character. I don't have to trust them. That is different.
Key word. Enough.
You are right though, but they don't work for us. They work for themselves and if people stand up/revolt/remove support they will listen provided there aren't better offers elsewhere because they work for themselves.
Kinda the vibes I've been feeling lately. Now, the nice thing is the plebs here can still opt out and hodl. I'm not a Sovereign Individual fan boy but that book is pretty accurate directionally. And that's saying something.
It is clear that bitcoin is a bottom up not top down movement. At least it is to me. The big blockers didn't believe this.
I'm not saying elites don't hodl. I think may do. But few talk about it. I think we are sadly enter the end of the US led phase of bitcoin adoption. It seems like the US is going to cede its position to people that deserve it.
I know what you mean but they don't work for us. They SAY they work for us. They work for their managers, not the plebs. They are our enemies. Not because we want them to be, this is their choice. We want to be left alone. We want to see everyone free and prosperous. They do not work for us and that fact is clear.
They want to know what you do, what you think, and for you to have to ask permission. They are control freak psychopaths.