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The Need to Transition to the Bitcoin Standardbitcoinwell.com/blog/the-need-to-transition-to-the-bitcoin-standard
78 sats \ 1 comment \ @0xbitcoiner 29 Apr bitcoin_beginners
Our world is fluid. It always has been, and always will be. We are in a constant state of change, often referred to as the "Law of Rhythm." These are natural shifts that happen without, and often in spite of, our efforts to change the outcome.

Change isn't always bad, nor is it always good. It is simply a factor of life. It is a learning opportunity. We learn during weather cycles to take cover during tornadoes and wear hats in the summer. We do not learn how to prevent tornadoes or stop the sun from being hot. The natural response to change is to take action, but we rarely realize that those actions won't prevent the change from happening in the future. In fact, when central planners take action, they often merely elongate the cycle, compounding the eventual reckoning at the end.

In 2026, we aren't just reading about this prominent change. We are living through the unencumbered, exponential conclusion of a century-long experiment in fiat money.

...read more at bitcoinwell.com
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1 sat \ 0 replies \ @coffeebadger 30 Apr
A CBDC is not a digital version of the money you already use. It is programmable money, controlled at the source, by the state. Governments can build in expiry dates, so your money loses value if you don't spend it fast enough. They can restrict what you're allowed to buy. They can freeze your balance without a court order, without notice, and without appeal. They can tie your spending to a social credit score, a carbon allowance, or a political loyalty test. Every transaction becomes a data point in a permanent, government-readable ledger.

It's the same. All of this is permitted by the fine print of a traditional bank account.

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