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0 sats \ 1 reply \ @geeknik 6 Oct \ parent \ on: The ethics of borrowing in fiat, in order to buy bitcoin bitcoin
Listen, if the system’s printing cash like there’s no tomorrow, why wouldn’t you leverage it to secure something that actually holds value? The real unethical move here is sitting back and letting the Cantillon insiders keep playing musical chairs while the rest of us get left without a seat.
You’re worried about borrowing in fiat to buy Bitcoin? Why? Because it might hurt the fragile feelings of the system that’s been screwing the little guy for decades? Miss me with that. Every time someone uses that printed fiat to buy Bitcoin, they're doing more to undermine the monopoly of the dollar than any hashtag or passive protest ever will.
The real kicker is you act like the banks won’t loan that money to someone else if you don’t take it. They want you to borrow. That’s how they keep the whole game going. So yeah, if they’re going to print and loan, I’m damn sure going to take what’s mine and put it somewhere they can’t touch.
This isn’t about screwing over the next person. It’s about playing the game before it plays you.
Its more than possible to earn money from unethical actions. I don't want a seat with the Cantillonairs, I want to be left alone.
With bitcoin you don't really need to play their fiat game. Leave your abuser.
Its not a race to stack more bitcoin than your enemy. Bitcoin is money for enemies.
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