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0 sats \ 9 replies \ @denlillaapan 23 Nov \ parent \ on: Have you ever imagined your life without Bitcoin?? 🤔🍊 bitcoin
Sorry, I meant in the absence of bitcoin. We'd eventually get to a place where something would help
Ok, and tell me more or less what you think it could be? or how it could be?
Until
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System was/is unsustainable; something had to give. Milei-style overhaul, Bukele-type crackdown, central banks re-acquiring gold, democracy overhaul etc.
Saif used to say things like "the greatest threat to bitcoin's success is countries going back on a gold standard."
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I think that what happened with Milei and Bukele is an isolated event, being realistic it is very difficult for the good ideas, projects or actions of a president in a small nation to be replicated and implemented immediately in other nations, and it is something that we can observe today, on the other hand, as I see and understand everything went to Shit in 2008, (and all that happened without the population knowing what really happened.) And today we continue to bear, without realizing it, the consequences of the financial rescue of that time.
The true wealth of the world is finite and there are too many humans for there to be enough for everyone, that is why we were brainwashed generation after generation with papers 💵
If bitcoin did not exist, after 2008 we would only perish year after year chasing papers without realizing that we were chasing something worthless.
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You had me until you started saying the nonsense about finite wealth and too many humans.
That's gotta go, sir
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Why do different realities bother you? Is it perhaps unfounded that the wealth and resources that exist in the world are scarce in nature?
Or is it perhaps unreasonable that there are more people than there should be and that every day we are more overpopulated in some major cities?
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there aren't more people than there should be. More people can make more/better things; another mouth to feed comes with two able hands and an ingenuous mind (to paraphrase Julian Simon).
And wealth and resources, while economically scarce, aren't finite or limited in any way.
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More people can make more/better things; another mouth to feed comes with two able hands and an ingenuous mind
OK! I can understand this! And as I always like to say, you have to look at it from all possible angles. When you look at it this way, of course, it fits with the idea that there are more people 👥 on the planet every day.
And wealth and resources, while economically scarce, aren't finite or limited in any way.
but at this point, I cannot go along with your idea. I sincerely believe that you are not being totally objective in thinking about it.
I did not go into too many examples: but to start with we have bitcoin itself.
- Bitcoin is finite and there is not enough for everyone, or in case there is the imaginary option that each and every one could have an equal piece, that would result in a disaster! each one must work for his own and pile up according to the extent that his possibilities allow him, whether economic, intellectual, geographical or any other.
- Works of art (valuable assets) are totally finite, you cannot create a Picasso or Michelangelo per week...
- Gold reserves and deposits where to find it are totally finite, you cannot dig anywhere and extract gold regularly by inflating the reserves of the same.
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I've written about this a lot. Don't believe there is a serious challenge to these Julian Simon-type econ reasoning