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The United States Dollar, technically a Federal Reserve Note--which is not federal nor a reserve--is supposedly backed by the "full faith and trust of the United States government."
The same government that has shut its doors for the past 19 days and counting.
How then does the financial "asset" (more accurately termed a liability for the "asset holder") outlast an incompetent, ineffective, and highly inefficient government?
This system is NOT getting any better. It is irreparably broken.
But you dear reader are already a bitcoiner and you know this.
What I present before you today is something that has been in development for months. The timing with the government shutdown couldn't be more perfect to catch the attention of those who need this message the most--the government employees. To exacerbate the systemic rot from within.
I'm not a particularly savvy individual, but I was inspired by others--primarily Satoshi himself for what I am here to give away to the world. If you have the ways and means and know connections, please send the PDF in the link to whomever you can think of to reach as many government employees as we can--state, federal, local, foreign governments too.
Also, you'll note, this is provided with the FOSS and Value for Value models in mind. If you feel so inclined to improve upon it or adapt to your unique audience, please do so.
I have no motives other than those in direct alignment with the Bitcoin whitepaper. I seek the help and intelligence of the Bitcoin community to try and spread this message the furthest.
Thank you for your time and consideration in helping me get this work distributed. I will forever be grateful.
To remain anonymous, I have chosen to forward any sats donated to this post to Expatriotic as he is the only pseudonym that I am aware of to utilize this service and may be in position to help distribute this message; however, I do not know him and have never met him. Be ungovernable.
China is the emerging super power. Bitcoin does not align with the values of the CCP.
Bitcoin may be a useful safe haven hedge as the USD goes to zero but its certainly not likely to be the new global monetary hegemony.
I am stating this not because it is what I want to happen but because it is facing the reality of how the world works. Prove me wrong - I would be more than happy if you can.
Bitcoiners are in danger of deluding themselves that Bitcoins superior attributes from the point of view of individuals beats the significance of nation state power projection and economic strategy.
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China is the emerging super power.
What makes you think they have the capacity to affect the behavior of all other powers?
Is there some force projection that China can use to prevent all other nations, corporates, syndicates from electing to use Bitcoin?
I think not.
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So, what are you suggesting? How do we play the game better?
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It's not a game. If that's how you see it I am certainly not here to tell you how to play it. I am here to say deal with reality.
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You speak of power projection and strategy but say it's not a game. And offer nothing constructive even when poked. Thanks.
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Have already provided constructive dialogue by putting forward issues and realities that others are ignoring which ultimately leaves them in a dangerous fools paradise. Its not my job to resolve peoples general reluctance to face reality - but I have presented how I see things. I do not feel inclined to elaborate on how the wests decline can be addressed- except perhaps to say we could start by people actually recognising that we have the problem raised. That would be the starting point from which any credible reasoned response would start. You have not responded with anything constructive yourself - instead demanding I not only identify the issues you are ignoring, but also provide solutions. Talk about overblown sense of entitlement. The first step toward solving any problem is acknowledging it and examining it carefully - you and most others do not appear to have not even begun that process...and I will not do it for you.
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0 sats \ 1 reply \ @Sandman 13h
Dollar is gone, embrace the future. The future is BTC.
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China is the most powerful productive economy. Without rare earths supply and Chinas factories USA is fucked. USA is deluded that neoliberal financialisation has done anything more than undermine your sovereign productive capacity. Throughout history the dominant productive economy has issued the dominant monetary protocol.
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0 sats \ 1 reply \ @redban 13h
The dollar hasn't been backed by anything since 1971. Now it's backed by an empty promise. A house of cards that is ready to crumble at the slightest breeze
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Yes but Gold and the RMB are far more strongly positioned to replace it than Bitcoin. Especially in terms of the role of international trade payments. It's not likely Bitcoin will be the new dominant currency- perhaps a minor alternative at best...and even then largely confined to its utility as a SoV, not a MoE.
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Stacking Sats is the way to go! if you holding FIAT, your value to purchase something more less every day! Hodling #BITCOIN is the way to get Freedom around the worlds. now you not to worry about Bankings Freeze your account. this is New Era and you will see this happen more and more! Keep Stacking.
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.