William K⚡Santiago🔑☢️ @William K⚡Santiago🔑☢️ - 11d
"How could any financial system avoid being captured by those who already hold the most power and wealth? Won’t it just lead to the same unequal system again, only in a new form?” you might ask. The answer is as simple as it is powerful." — Petter Englund Can a Bitcoin-driven economy break free from the existing power structures, or will it merely replicate the same elitist dominance we see today? Does the concept of sound money have the potential to diminish the sway of the affluent and mighty, instead rewarding genuine value creation? Exploring Bitcoin's capacity to revolutionize the economic status quo. Article "How Bitcoin Appeals to the Old System’s Deepest Flaw to Radically Transform It" https://medium.com/@penglunds/opting-in-how-bitcoin-appeals-to-the-old-systems-deepest-flaw-to-peacefully-transform-it-910cd1b4ed62
halalmoney @halalmoney - 11d
“…because the [post-fiat Bitcoin] economy operates in a state of chronic deflation, long-term investments are naturally favoured over short-term gains. As Bitcoin’s purchasing power increases over time, simply holding it becomes rewarding. This incentivises spending only when necessary or investing in projects with sustainable, long-term value. In essence, the larger and more forward-thinking the business idea or vision, the more valuable it becomes, as a unit of Bitcoin in the future will be worth more than it is today—the exact opposite of the dynamics of the previous inflationary system.”
