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0 sats \ 5 replies \ @CliffBadger 11h \ parent \ on: If you were an authoritarian leader, what weird things would you do? AskSN
All government is bad. When Bitcoin replaces the state then it becomes obvious. All the school textbooks in the year 3,000 agree that the fiat era of state-run public schools was a dark age.
Calling it an investment is a post-hoc rationalization for the state's motivations, which is the control of information and the replacement of the child's parents as their primary authority figure.
Some government is bad.
When your government becomes 'owned' by corporate sponsors who direct it to maximise their private gains but your public sector and strategic assets and infrastructure are steadily degraded- that is bad government...and they are not accountable- you vote them out to just get another bunch of corporate sponsored puppets!
In contrast where a government invests in the nations people, skills, infrastructure and development- then you have the chance for a brighter more secure future.
People like you who do not understand your wealth was built upon the strength and dominance of your country due to the strategic positioning, opportunity and integrity of your government cynically write off the importance of government- you give permission to corruption by abdicating responsibility to participate and demand your government serve you and not just some wealthy rich prick corporate banksters.
Yes Bitcoin is great as our fiat money has been captured by sly rentseeking Jewish usury and we and our governments have been enslaved by the fiat debt slavery banksters...so I much prefer to hold Bitcoin as it is a logical and positive and peaceful response to these parasitic fiat debt slavery overlords.
Bitcoin can and does address one major aspect of the corruption of western democracies but its probably not going to solve the whole range of problems. That will require citizens to get more involved and to throw the parasites out of our governments.
Yes public education has have the tendency to inculcate the collective values and principles of a nation- that can be used for good or evil and you only see the potential for evil government, not the potential for good- a tragic and fatal misapprehension of reality and blatant ignorance of history is revealed - the common understanding and mutual values of a society can be a powerful asset in protecting and building a nations security and wealth...without generally agreed principles and too much woke inclusiveness and 'diversity' you are vulnerable to other more united and determined nations dividing and ruling you. Just look at history for plenty of evidence of this.
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But Bitcoin necessarily drives the government into bankruptcy. If they lose the ability to issue currency at zero cost, they can't keep financing all the projects you're asking them to manage.
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Wrong.
Bitcoin limits the ability of government to debase the currency it issues and by so doing imposes some much needed disciplinary pressure upon them to not do so.
Asian countries have long understood this with their relatively open and liquid gold markets- this limits the ability of these governments to squander their fiat monopoly because it gives citizens an alternative liquid SoV- Bitcoin builds on this by providing SoV and also MoE.
However a responsible government can manage its fiat system or even allow Bitcoin to become the dominant MoE and still tax citizens and still invest in worthwhile projects - Bitcoin does not cripple governments- it simply imposes some healthy discipline over their fiat debasement capacity.
A nation operating on the BTC standard should have a much empowered private capital sector- with much more capital allocation directed by citizens (who have exercised healthy thrift and accumulated Bitcoin capital) and much less parasitic debt.
A strong economy is entirely possible and a good and principled government could undoubtedly work within those limits.
Such a nation could perhaps be free of the Jewish banksters and its wealth could truly accumulate to those who contribute productive effort and investment rather than being taxed by shadow bankers and puppet politicians owned by those banksters.
They would first have to escape the clutches of the fiat debt slavery bankers cartel IMF.
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Maybe. I suspect the limits Bitcoin imposes are a lot more radical and not easily resolved with minor changes to budget allocations. It's effectively a regression to pre-WWI spending levels because income and wealth taxes can't replace currency debasement.
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Good!
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