The #petrodollar system feels like it’s one of the last pillars that will be taken out as #debasement continues. The real crime here is that a country can essentially print oil whilst doing no work. Imo the oil producing nations needs to realize that a scarce commodity should be traded for another scarce commodity. A #petrobitcoin system would potentially stabilize #volitility as well.

The failure of the petrodollar system will bring about competitors such as a PetroYuan, petroRuble, or peteoRiyal. I don’t see any way that the US will accept any of these alternatives. In which case, #barter would be another option but with barter being a pain to deal with the answer seems to be a secure, decentralized, non-debaseable, global, instantaneous money. #changemymind

Simple, eloquent, and the bit about extensive study of history hits hardest.

Many have a hard time wanting to do the work, I’ve recommended podcasts, interviews, your book, YouTube videos, but have only successfully gotten a few people, most just think I’ve lost it. Yet those same people will complain about their rent being too high, or COL is increasing too fast. Like I’m showing you where the door is, just open it!

Can’t zap you fiat

My god the amount of times I’ve been told this in the middle of conversation. “Inflation is good, 2% is necessary”. Yeah? Good for who?