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34 sats \ 5 replies \ @SimpleStacker 6 Jan \ on: MONEY CLASS OF THE DAY: Wealth, Bitcoin, and A Monetary System Enriching Us econ
The money illusion is so ingrained it is very hard to dispel.
And you are right, people who advertise Bitcoin as a way to "get rich" are missing the point, and it's part of the reason so many orange pilling attempts failed. Because you haven't really explained Bitcoin, you just lumped it in with all the other asset classes for which the goal is NGU.
Bitcoin is just a public ledger of transactions that no one controls, anyone can write to, and yet somehow everyone trusts. If you want to understand Bitcoin, you need to understand this sentence and you need to understand why something like that is good!
Bitcoin is so much more....to so many....talking in absolutes is difficult when it puts "baby in the corner" - lol
What about it being an open, secure, decentralized, protocol bounded by energy.... I mean it is pretty hard to say that has to only be a ledger?
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Fair enough. Though I'd say "open, secure, decentralized, protocol bounded by energy" are all key components of what enables it to be this public ledger that everyone trusts.
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Bitcoin is a seperate system from anything humanity has encountered - and as more people come to understand this and build upon it....it is going to continue to grow more and more valuable and become more and more ingrained into our daily living...until it becomes the system everything is based upon and we are writing history books about the dark ages under FIAT systems
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Everything for everyone! Perfect postmodern money!
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Beautiful
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