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82 sats \ 1 reply \ @DiedOnTitan 11h \ on: What things did you have to unlearn? bitcoin_beginners
Thanks for sharing this thought provoking post along with the Mandarin idioms. The vast majority of people, the wage earners and blue collar working class, have little hope of saving their way to a higher standard of living. After years of saving fiat, they see that the house or flat they want is rising faster than their ability to save. At a certain point, saving becomes pointless and in a greater context, life becomes hopeless. This conclusion justifies immediate gratification, gambling, lottery prayers, alcohol and drug abuse, and other short term gratifications because there is no point thinking long term any longer. That being said, we should cherish the present moment, but not at the expense of the future.
Sound money changes all this. Now the working class can save for that house or flat. Bitcoin brings back hope and purpose and something to look forward to. Saving essentially gives your energy and work today to society with the expectation that you we will be able store that work-energy and redeem the same value in the future. That is the purpose of money. What fiat destroys, Bitcoin restores.
You understood the intent of my post so well! Thanks for sharing similar sentiments
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