Damus

Recent Notes

Philbill · 25w
Spot on
Efrat Fenigson · 28w
Thank you!
Moss · 28w
Ai
Max · 36w
The West is not "stagnating." It is being destroyed. Decades of taxation, inflation, and regulatory plunder have consumed the capital that took generations to accumulate. Europe now runs on fumes, i...
Novotari profile picture
They can't stop stealing because the entire system would collapse (insolvency) which would be horrific and everyone would beg for more printing.

People can start moving to the alternative system (Bitcoin) one by one just like when Titanic sinked. It's still going to be very chaotic, but there is no way to save the current system.

1
Kush · 36w
I agree… this can’t be saved. Individuals and small self-selected groups have to step out of it. There may be some chaos which I’m not a fan of but for those who can stepping into the alternative is a must
nostrich · 40w
Jeff any comment on Elons “no currency” future? My take is he’s partially correct.
Novotari profile picture
I don't know if he think understands it or not, but the only way AI and robots could "eliminate poverty" and "make everyone wealthy" is in a money that can't be cheated like Bitcoin becasue all that productivity flows to you in a form of lower rices like @Jeff Booth explains.

In the fiat money system it's the opposite, all those gains will be taken away from you making you a modern day slave.

1
Jeff Booth · 40w
🎯 - and because he is enriched by that system, he is blind to it. Willfully or otherwise.
ODELL · 40w
do you think he actually believes this or knows he is full of shit? https://blossom.primal.net/db9f7cd51194e32e00df2a02cc206c4d8a9b007ade7fd525feff2b66604dbe00.jpg
Novotari profile picture
I don't know if he think understands it or not, but the only way AI and robots could "eliminate poverty" and "make everyone wealthy" is in a money that can't be cheated like Bitcoin becasue all that productivity flows to you in a form of lower rices like @Jeff Booth explains.

In the fiat money system it's the opposite, all those gains will be taken away from you making you a modern day slave.