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The thing is that they only want to create more debt, but now in a brilliant sneaky way, fooling easily people. But not Darth. Darth bullshit-meter is at high levels with this Bitcredit shit.
Just ask a simple question: why in the whole debate / discussion / documentation of Bitcredit, they do not say a word about eliminating the fiat? Not a single time. The whole narrative is based on the BTC price in fiat.
It says in the first Chapter that this is required to remove fiat, showing the Greek example. Care to read before inventing rubbish?
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21 sats \ 7 replies \ @Lux 7 Dec
We shall scrutinize
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21 sats \ 6 replies \ @Lux 7 Dec
I would like to add: credit is not money, it might be older than money, but money it is not
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Indeed it is not. That's why the chapter is titled "A world without money".
I would like to add: a commodity is also not money.
A goat is a goat is a goat.
Same for shells, fish, grain, salt, gold, and bitcoin.
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100 sats \ 4 replies \ @Lux 8 Dec
Indeed it is not
now we talking :)
i'm too stupid to see how bitcoin is not money :)
are gold coins money?
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They can be. They were. They are not.
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0 sats \ 2 replies \ @Lux 8 Dec
Since when they are not? Who decided that?
Can Bitcoin be money?
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Q: Since when they are not? Who decided that? A: Take your pick: 1913/14 or 1933. See chart.
Q: Can Bitcoin be money? It can be. To get there, we must get the credit money layer right.
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21 sats \ 0 replies \ @Lux 9 Dec
i think get it, austrians think it's not money because the government says so