Fiat money leads to a degradation of incentives, creating a society motivated only by the consumption of resources and zero value production.
Examining the various innovations that led to the Bitcoin white paper shows us that only Bitcoin continues the Cypherpunk ethos.
The structure of familial support has been replaced with the encouragement of rent seeking and reliance on government.
Though altcoins use Bitcoin to gain people’s trust, they’re simply a reimagining of fiat incentive alignment.
To end the contagion of rent-seeking, ubiquitous politics and lack of truth, we must destroy the fiat system.
Relationships are another victim of the low time-preference infection created by fiat money.
The Blocksize Wars were an example of Bitcoin resisting the fiat politics played on every level of society.
Finding direction in a fiat world is like using a compass that’s lost its magnetization, leaving it to spin free and unabated.
Fiat knowledge is a result of information sources being centralized and misaligned in incentives.