Damus
Carl B Menger profile picture
Carl B Menger
@CarlBMenger
The “American dream” is a fiat debt trap:

$100,000- College
$30,000- Wedding
$900,000- Home
$50,000- Car

The fiat system traps people in their 20’s so they have to spend the next 45+ years with a job to pay off debt.

America does not run on Freedom… it runs on consumer debt.
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Bud · 55w
You forgot one: Funerals
jamw · 55w
No lies detected.
🥚 · 55w
Serious question, do people pay this much? I cannot even begin to understand how people could spend that much. Here is my list: No college (still have a job that allows me to provide for my family as the only income). 5k wedding 12 years ago for 50 guests. And I felt it was too expensive. 300k...
H · 55w
the market capitalization of btc equals credit card debt 😶‍🌫️
GrimdarkStoic · 55w
Yes, created by inefficient vehicles of storage for economic value (i.e fiat in bank account and not put to work) (also, risk not applicable to those with access to best vehicles like PE / VC couple decades ago) (i.e unfair playing field) I do very much sincerely hope that in the next decade that ...
Achilles · 55w
Fact. That’s the way fiat works. It runs on debt. Bitcoin runs on truth. It’s gonna make this world a better place 🧡
Blazar · 55w
Get your bikes out 🚲