@avg_gary
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TFTC 772 w/ Average Gary: "All wars are bankers' wars. What I was told we were doing was never the real motive. There's a monetary incentive to keep the machine going, they don't get paid if there's no war."
We discuss:
⚡ Bankers' wars
⚡ Broken money
⚡ Peaceful exitView quoted post on X
The beauty of bitcoin is the simplicity of its design.View quoted post on X
There will only ever be 21 million bitcoin.
Blocks come in every ~10 minutes.
The difficulty adjusts every 2,016 blocks.
The block subsidy gets cut in half every 210,000 blocks.
Blockspace is limited.
A transaction must be valid to get included in a block.
In a hyper-financialized and centrally planned global economy bitcoin's simplicity is counterintuitive.
"Monetary systems are complex. It can't be this easy."
Not only CAN money be simple, but it SHOULD be simple. We've been brought up in a counterproductive centralized system and humanity has succeeded in many areas in spite of the central planners.
Imagine what we'll be able to do when the central planners are replaced with a simple, neutral and incorruptible permissionless monetary network. Those who abide by and adapt around bitcoin's simple rule set will be able to coordinate economic activity with orders of magnitude more certainty than they have today.
No more guessing about what the Fed will do, how much debt the Treasury plans on issuing or whether or not capital controls will be turned on like a light switch.
That all goes away under a Bitcoin Standard.
Keep it simple, stupid.
