Honestly, if you wanna talk about "progress," look at the falling real wages, skyrocketing debt, and the endless distraction of cheap thrills while the dollar loses 85% of what it could buy.
Living standards? You’re stuck with avocado toast and a Netflix subscription.
Medical advancements? Congrats, you now have 17 new chronic conditions thanks to Big Pharma, while life expectancy for working-age folks stays flat and the middle class gets wiped out by medical bills.
Entertainment access? Awesome. Keep scrolling through cat videos, Marvel junk, and ENDLESS PORN while your money loses value, borders crumble, and cities become open-air drug markets. And your "leaders"? They’re busy lecturing you on money matters while drowning in $38 trillion of debt.
FACT CHECK: EVERY SINGLE METRIC THEY BRAG ABOUT IS JUST A FIAT FANTASY.
Real median income, when you factor in true inflation? It's been dropping since the 70s. Young people owning homes? Forget it. Savings rates? Negative. Birth rates? Plummeting.
You didn’t get richer. The elites just printed more cash and told you to cheer because your 401k looks better on the screen.
This isn’t progress. It’s a slow-motion collapse of society led by fiat overlords.
The sheep will sit there saying "but my iPhone" with a serious face while their legacy fades into nothing.
The ones who see through the scam? They’re stacking the only asset that can’t be devalued or stopped.
Bitcoin doesn’t care about your 40-year fiat delusion.
It just keeps winning.
The bloodlines that hold Bitcoin will endure.
It’s survival of the fittest in real time.
In a time like this, in an era where the rich keeps getting richer and the poor pray to some god, and are being fed with slops, viruses, narcotics and all manner of addictive practices like you mentioned, with a government that'd rather indulge in avoidable wars than eradicate poverty and disease from its people (or at least cure them instead of preserving and maintaining their diseases so their medications can stay in sale), with an escalating cost for survival per human, of course the taxes are still running and the irs purses bursting from theft, if anyone still roams this earth without owning, to the very least, a single unit of BTC, I fear for their generation to come.
[This came at the right time, with the pending Continental war ahead, but we're not ready for this conversation]
Unrelated: Hatman, sometimes I wonder how deep you get to go in your thoughts that these manipulative agenda stays at an observable distance within your view, without getting distracted by trends; Say SpaceX and Elon, Neuralinks , celebrities and their funky lifestyle, whatever fixes the dopamine temporarily. It's a good way to keep us all posted!
Hello, I'm new to Bitcoin.
So after reading your post, I'm curious to know how the inevitable demise of Fiat currency and rise of Bitcoin will lead to betterment of social issues that you have pointed out?
I've always suspected that war and pandemics would herald a new era. Have you noticed that wars are becoming more frequent? I'm pretty sure the blockchain era is coming soon, along with AI and robotics. Maybe we should watch "Astroboy" to prepare ourselves for that era. Fiat? No one will know about that system in the future.
What's worse is that there are people who already heard about bitcoin before, but they didn't bother to learn more about it. I really wish I could have known about it sooner, but I still consider myself lucky to have found bitcoin. Now I try my best to educate myself in order to protect my finances.
americans are very self involved that they think they are so much better than the rest of the world and they fail to recognize the living conditions in their country. they have a lot of issues one example is the abundance of shooting incidents. you dont see that in other countries and yet they think other countries are less safe
When do you think this demise will happen? Will it be in the span of your lifetime?
[/quote]
I'm in my early 20s so I think yes. Especially since The World is currently in utter chaos.
At least the so called "inflation tax" could be solved by a Bitcoin global currency.
This makes reference to the Cantillon effect. When prices increase and the central banks print money (between money printing and inflation there's a close correlation), those most benefitted are those who are close to the source of printing. Printing occurs by loans, so the companies taking most loans and their management and stock holders are the most benefitted - normally that's the richest part of the country's population. On the other hand, the poorest sector and lower middle class are those most suffering inflation.
That's one of the sources of unequality. I don't know how many % of GDP it makes up, but the effect is that each year, a certain percentage is taken from the poor sectors "automatically" and distributed to the rich sectors.
A society with low inflation (like a Bitcoin standard society) would thus not continuously benefit the rich disproportionately, creating inequality - instead they would tend to benefit all sectors equally.
There could be other positive effects, like a healthier consumer goods sector and more conscience of the general public about money, see this thread.
That's the term you call someone who is smarter than you and has refused to be bought over by your cheap assurances of a world where the dollar would remain sovereign. People are easily bought over by cheap promises and it's easier to sell the fake dream when you've got a blind sheep that follows with sick loyalty, continuously having their hopes dashed but still not ready to see the reality that the more you work, the less likely you are to enjoy it since it all would be spent on drugs that instead of get you healed, it gets you hooked and further deteriorates your lifespan.
Bitcoin was created for freedom but it's funny how people prefer to live in a prison of their own making, wishing that the fiat would be much better. I feel that's the worst form of delusion anyone can have.
The problems we face are increasingly complex with numerous issues emerging daily and it's increasingly difficult for people to escape economic pressure. Instead of providing access to a better life by providing equitable employment opportunities, the government only provides cash assistance to certain categories of people, but they never train them in skills as human resources, so that people don't rely on this assistance for their long-term livelihoods.
This is happening in my country because I see the government only having direct aid schemes but no vision for developing more creative individuals with individual skills for their lives. That's why I always say that there's no way to escape a bad economic situation if people themselves aren't trained in skills because currently, society is so dependent on demand assistance.
...and this new illegitimate war being waged is only going to benefit less than 1% - the new FIAT lords.
we buy and subscribe to their crap so they can then go on their self fulfilling quest to kill, control and
steal another countries resources so they can sell us more crap to finance their next wave.
The FIAT illusion is only based now on numbers, fantasy numbers because they can just keep printing
more as they see fit, they dont see a ceiling, $1trillion, $50trillion, $100trillion... the only escape is BTC
This scenario you have painted is not only perculier with the united states, this is a global issue because, all the points that you raised here is what the world is currently passing through no matter the country and how the leaders of such countries will try to paint the country good on the outside.imflation is one thing that, has not been a serious call for concern as the value of currencies keep dropping. Especially in the developing countries were the effects of inflation and weak currency is felt the more.
What I have come to realize is that, government all over the world are not ready to make any thing to change the situation of things. This could be seen as a political strategy to rule the world with empty promises giving people fake hoes but is not solving any real problems but only keep multiplying the problem.
Nah man, you already can trace all of the events happening now to those that already took place. It's not the end of the world, it's the big players playing their muscles and eliminating what and who they want.
Today someone get less for his euros than we did in 2016. Anyone who left their money in a bank account has lost XX%. Inflation and crises explain this in theory. Normal inflation is around 1-2%, but between 2020 and 2023, it was maybe 10%. COVID, Energy crisis, and the changing global economic with China. It is nothing new that the euro has lost purchasing power from year to year. The incomes should be rising, but this varies from person to person.
Every year we see that the debt limit in America is lifted and new money is printed. The other people have to work hard for their money, but the government simply takes it out of thin air. It is a system that limits many people, but that is nothing new.
I am glad that Bitcoin exists, and I hope that in the future, many more people will understand what Bitcoin is.
People must understand about danger from fiat currencies, money printing, inflations as well as from altcoins that are easily to be created, but they're mostly useless and die, disappear, abandon with time. These things must be aware of well as it is meaningful for people to focus on Bitcoin, and only spend their money to invest in Bitcoin, hold bitcoin very tight and don't either panic sell or sell it cheap.
Feeling fearful about fiat currencies is good but not enough, people in order to succeed in cryptocurrency market must also feel very fearful about altcoins. If they fall in love with altcoins, they will lose money easily and severely and no longer have money for investment in Bitcoin.
All or most of their investment capital must be in Bitcoin.
People always chose what the people in power tell them because they are wired to believe that is the right thing for them but little did they know that governments all over the world are only interested in keeping them compliant and loyal and not think outside the box. How will someone trust the fiat system over precious asset like Bitcoin when it's obvious that the fiat is losing it's value at an alarming rate? People tends to give up on the idea of freedom when they sense a little comfort which is what the governments work to achieve. "Make them feel comfortable, and strip them of the ability to think ".
Another fiat fugazzi Im with you brother blackcoiner
Guys take a look at this image the US Dollar that King of Fiat at least for today economy already losing its power since they didnt use Gold as reserve. The purchasing power of the US dollar has fallen sharply over the last century, due to rising inflation and money supply.
The Us have 3 trillion in debt and the moneys goesss Brrrrrrrrr
Fear of fiat money, or a healthy view not to trust fiat money.
Fear of altcoins, or the trading with altcoins is like going to a casino. Sometimes you win, sometimes you lose. You are right, everyone must now that Bitcoin is the most important Coin for a fiat money exchange. But now, with a drop of around 50%, they shouldnt go in panic and sell there coins with a lost.