Universities are a lynchpin of the fiat system. They start with extreme debt, that is of course only even given to a select few in the first place (most Americans do not go to college). The research is funded by centralized, bureaucratic committees, with a circular system so there is zero sound capital allocation, even withing serious technical fields. These are the people teaching worthless skills in a fake environment that is a multiyear resort whose primary perhaps could be summarized as destroying the ambition of young men who might otherwise pose a threat to the regime.

Universities propped up communism, Nazis, and every other awful thing you can think of. For every brilliant medical intervention ten times as money suffer at the hands of the terrorist Harvard propaganda pushing seed oils. Tech-literate fiat shitcoiners with fiat academic backgrounds like Peter Thiel LARP about how they don't like college, but he has achieved nothing.

Finally, something is being built. Many people have known fiat is bad over the decades, but they did not always have bitcoin. Now a real alternative is finally being built and the wealth, in flowing to the productive who have an escape hatch, will slowly bleed the fake academic institutions dry.

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