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0 sats \ 0 replies \ @sp 25 Jul 2022 \ on: Don't hope for a Global Collapse bitcoin
With the plague of techno-stalinism fueled by fiat money+cantillon effect, the collapse seems inevitable.
I am not personally hoping this is going to happen, I'm rather alerting everyone I love of this impending disaster, and I prefer it will happen sooner - and faster - than later.
The destruction by socialism and anti-market ideals can happen in a few months, yet it will need generations to be reversed. Capital accumulation - necessary to increase the value of work for time-unit - is a slow inter-generational process built with the abundance that socialism is created to steal.
Imagine how much capital was needed to build our existing infrastructure (power implants, bridges, railways, stock markets) and how letting them rot and crumble will be way worse than taking care of them. Following this principle, the faster the collapse, the better!