Damus
GreyHood · 41w
Now you’re blaming central governments for things brought to you by the race to the bottom capitalist goods and services. I live paying more for shittier stuff to keep the shareholders pockets lined...
Fred Johnston profile picture
That's not the capitalist, it's the money.

Even if you make better stuff today, it won't sell - you are in a downward spiral created by fiat.

Read all of @Saifedean Ammous books and it will make sense. It's a deep read by "Principles of Economics" does a medium dive into this - not deep - but also not the first book on history of money someone should read.

Your perspective is a HUGE problem - because the solution is truly Capitalism with good/services - AND with money (private fixed real money, not fiat).

Study #Bitcoin - study hard - it's a once in a 1000 year opportunity. In a decade Bitcoin will grow with the productivity of humanity. First it has to eat all the misdirected capital (which is what you are frustrated with). And the growth is a 100X in a decade or two (sorta depends on how bad we mismanage the world fiat system).
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GreyHood · 41w
I’m fully aware of bitcoin and what it is. I’ve also read saifdeans bitcoin standard I believe right when it came out. I enjoyed it. Especially the bits about the history of money and its nature as a technology. Unfortunately though, I feel the same way about your perspective. I defended capita...