Its only slavery if usury is in the picture. Lending money is not always bad.. You have plenty examples where you can use bitcoin as collateral and its still debt. i think most mix the current debt model with debt. Without debt as tool only monopolies could produce. Its important to give small producers a tool to produce, sell, and pay back. If the money emission is not crooked, debt allows markets to figth monopolies
Usury and debt is the same thing, because you submit your freedom and sovereign in exchange of debt. Those who own are slaves of their debt, always. Lending money is always bad, because it means you choose the easy path which is using the resources of those that want to enslave you, so almost all your work is for them in the end. Instead, an intelligent person will always choose to start small and not own anything to anybody, so he remains all the time sovereign.
Monopolies is what banksters are, because they own almost everything, through debt.
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0 sats \ 9 replies \ @fm 2 May
i dont agree. Lending can be much more than usury.. Usury is apllied over lending but not the same. If your family let you some money to kickstart something, are they evil? Lending does not have to be evil. You just enclosed on the FIAT usury system. Without means to access debt, you have only monopolies. You cant start small as you said. Competence would be so reduced that we would only change masters.
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If my family lends me something then I work for my family, not for me.
So you think that not having debt will create monopolies, but it is in the contrary. Who owns CocaCola and Pepsi? The same banks. Go up one level. You'll see the real monopolies. Blackrock, Vanguard, and all the funds owns almost everything. And those funds are owned by the same giant banks. That's the real monopoly. You are blind thinking you can choose between CocaCola and Pepsi, when in reality the owners are the same!!!
And you can apply this to every company in SP500, and beyond. Every business that works through debt is owned by the same. The true real monopoly.
Just wake up.
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0 sats \ 7 replies \ @fm 2 May
and you think if we take FIAT away we will have a full on communist repartment of the remaining wheath ? Because monopolies wont go away just because FIAT is..
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What? What they must do is DIE. All fiat companies must go bankrupt. And will go.
Monopolies happen because of 3 things, all related to gov laws:
  • Patents. Absurd idiocies that only benefit patent buyers which are always the big banks and their corporations.
  • Concesions: gov using tax collected pseudo-money to create new laws that benefit banksters and big corportations (owned by banksters).
  • Fiat money: because big corportations (remember, owned by banksters) obtain almost free money from the central bank, so they can expand without limit and without having to compete.
Just wake up.
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0 sats \ 5 replies \ @fm 2 May
As we saw FIAT collapse in past history. more than 90% have indeed collapsed, we dont see the monopolies collapsing. What makes you think the actual FIAT collapse will also destroy ALL monopolies? I wonder where do you see a correlation
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Lol in which world have you been living? Don't you see all companies, monopolies or not, died in Venezuela? Or any country that got destroyed.
The Roman Empire left nothing, only ruins.
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0 sats \ 3 replies \ @fm 2 May
Germany, China, Russia.. All those had FIAT collapse.. Do you think they lost their internal monopolies?
Do you think the Roman empire havent kept their weath after their fiat got destroyed? They turned into the Vatican
Since economy is not a closed system, you cant expect value doesnt transfer if a specific fiat is destroyed.