Damus
Digital Gold · 40w
Never heard of him. Who the fuck is that guy?
Milos profile picture
I disagree with @0x07AA... He is a seemingly nice guy who has identified the same problem as bitcoiners, namely how the system (the monetary system, though he might say the financial system) is designed to steal value from the middle and lower classes to the benefit of the financial/capital classes.

He only really differs in that he hasn't gone far enough down the monetary rabbit hole as to realise how much of a problem our money is. So from his perspective, the system, or root cause, cannot be solved, so his solution treats the symptoms, not the problem itself (high wealth taxes to counteract the unjust effects of the system).

I know bitcoiners aren't the biggest fans of taxes, to say the least, but if you see what's happening without seeing the deeper cause, I think it is a logical solution (though one might argue authoritarian).

As to "bitcoin going to zero", I wouldn't spend too much time on it. He clearly hasn't understood it. And bitcoin does seem like a pyramid scheme before you realise it checks all the boxes to be a legitimate money.
1
0x07AA · 40w
You could be right, I mean he does correctly identify the issue. I just find his style incredibly off-putting, and as you mentioned, his solutions nonsensical. The confidence he exudes on something he clearly knows far too little about (bitcoin) makes me call his other opinions into question. He’s...