I don't believe this Jack, I KNOW THIS IS THE CASE. And let me explain myself:
This is not against you or Strike, but against a debt-based fiat monetary system that constitutes a form of modern slav...
Well thought out and phrased. Logic checks out.
I do think moneyleding does have its time and place. The fiat system we are currently living in is credit and debt stretched to its absolute, absurd limit. With a system engineered to protect the beneficiaries of the system from any real risk. In hard money systems the risks and rewards of lending/borrowing money are subject to a free market rate. In other words if we were already in a hyperbitcoinized world (or any hard money standard) there would still be borrowing and lending but it would be much more thermodynamically sound (not to mention fair).
That being said I agree with you...lending Bitcoin for fiat is a very bad idea generally speaking, and if history is any guide it usually ends very poorly.
I do think moneyleding does have its time and place. The fiat system we are currently living in is credit and debt stretched to its absolute, absurd limit. With a system engineered to protect the beneficiaries of the system from any real risk. In hard money systems the risks and rewards of lending/borrowing money are subject to a free market rate. In other words if we were already in a hyperbitcoinized world (or any hard money standard) there would still be borrowing and lending but it would be much more thermodynamically sound (not to mention fair).
That being said I agree with you...lending Bitcoin for fiat is a very bad idea generally speaking, and if history is any guide it usually ends very poorly.
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