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So if bitcoin didn't exist we would be condemned to eternal decay induced by the system itself. If bitcoin didn't exist I wouldn't even be writing these lines. And of course if bitcoin didn't exist we couldn't be optimistic about the future.
yeah, truly. I'd be much less optimistic without this escape valve. (But, contrary to that, I'm pretty convinced that something else would emerge to help us navigate the "eternal decay")
I'm pretty convinced that something else would emerge to help us navigate the "eternal decay")
I understand your optimism, but I find it quite difficult that there would be another one similar to Bitcoin, with all its benefits and advantages.
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Sorry, I meant in the absence of bitcoin. We'd eventually get to a place where something would help
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Ok, and tell me more or less what you think it could be? or how it could be? Until there was nothing capable of helping us preserve value, something within everyone's reach and that would concentrate all the good properties that Bitcoin offers us.
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System was/is unsustainable; something had to give. Milei-style overhaul, Bukele-type crackdown, central banks re-acquiring gold, democracy overhaul etc.
Saif used to say things like "the greatest threat to bitcoin's success is countries going back on a gold standard."
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I think that what happened with Milei and Bukele is an isolated event, being realistic it is very difficult for the good ideas, projects or actions of a president in a small nation to be replicated and implemented immediately in other nations, and it is something that we can observe today, on the other hand, as I see and understand everything went to Shit in 2008, (and all that happened without the population knowing what really happened.) And today we continue to bear, without realizing it, the consequences of the financial rescue of that time. The true wealth of the world is finite and there are too many humans for there to be enough for everyone, that is why we were brainwashed generation after generation with papers 💵 If bitcoin did not exist, after 2008 we would only perish year after year chasing papers without realizing that we were chasing something worthless.
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You had me until you started saying the nonsense about finite wealth and too many humans.
That's gotta go, sir
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Why do different realities bother you? Is it perhaps unfounded that the wealth and resources that exist in the world are scarce in nature? Or is it perhaps unreasonable that there are more people than there should be and that every day we are more overpopulated in some major cities?
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there aren't more people than there should be. More people can make more/better things; another mouth to feed comes with two able hands and an ingenuous mind (to paraphrase Julian Simon).
And wealth and resources, while economically scarce, aren't finite or limited in any way.