First published at 15:06 UTC on April 2nd, 2024.
Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum
In this video, I discuss what makes Bitcoin ethical and nonviolent money-- unlike fiat money.
Bitcoin is a permissionless, voluntary system.
Don't like Bitcoin? N…
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Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum
In this video, I discuss what makes Bitcoin ethical and nonviolent money-- unlike fiat money.
Bitcoin is a permissionless, voluntary system.
Don't like Bitcoin? No problem, you don't have to use it.
There are many problems with modern money (fiat money). It's really bad at preserving your purchasing power.
Modern money is also the funding mechanism behind all modern wars. The US has never paid for its modern forever wars with taxes. If it did, the population would rebel. Instead, the US just prints up as much monopoly money as it needs and exchanges it for aircraft carriers, bombs, and drones. Fiat money is the money of death.
Fiat money is also violence-- it's imposed on people at the barrel of a gun.
I never opted into the US dollar system, and yet I'm forced to use it. I'm forced to use US dollars to pay my taxes, or men with guns will put me in a metal cage. If I choose to use an alternate form of money like Bitcoin, then they hit me with capital gains taxes, in an effort to support their monetary moat. Is that how ethical, nonviolent money should work?
At the same time, I need to work hard to earn US dollars, while central bankers can print up as many USD as they need for free. Where's the justice in that? When Elizabeth Warren or Janet Yellen tell me that Bitcoin is bad, they never tell me why their money (imposed at gun barrel) is good for me-- which is why I'm going to assume that it's only good for them.
By contrast, Bitcoin is opt-in money. It's voluntary money. Don't like Bitcoin? No problem-- you don't have to use it. Like Bitcoin? You and anyone else are free to use Bitcoin. There's no license required. You can earn it, send it, receive it, mine it, without needing to get certified or approved by anyone. You don't need to open up an account anywhere. You can download a free Bitcoin mobile wallet and start getting paid in BTC. You could even just roll a dice and ge..
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