Damus
Hanshan · 2w
People are still saying things like "Bitcoin will change the system" I have yet to see any evidence from any sector that Bitcoin adoption in the legacy system will result in increased fiscal responsi...
v4ngeli0n profile picture
What’s up bro, took a couple days break. I disagree that it’s an idealistic. I also think it’s an irrational and unrealistic position to take that “Bitcoin will abolish the state.” Like sure even I might’ve said that in the past, but it’s dumb. That was never going to happen. Governments can still be powerful while they continue to fuck themselves over fiscally and continue to lose control of money.

Put simply — what would you tell my generation (Gen Z) to do in order to have a future? Save in cash? Stocks? Buy gold? I think the idealistic position is thinking abolishing the state is even possible.

And, honestly, despite caring about privacy, I care way more about hard money because I am still young and want to achieve things in my life as opposed to getting royally fucked by having my savings debased year after year.

Also I don’t necessarily think Bitcoin will cause an increase in government fiscal responsibility. If anything I think that increased *irresponsibility* will inevitably lead to more countries and companies moving to Bitcoin.
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Hanshan · 2w
The argument is "Bitcoin was always going to change the system from within" right? I'm just asking how you can be confident that institutional purchase will have any positive effect anywhere.