halalmoney
@halalmoney

Freedom. Justice. #Bitcoin halalmoney.npub.pro https://stacker.news/r/halalmoney

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nostr:npub123sfqjpgf54p28yd7cjlgrpcn4pra5zhlnheyldc39td9r3zhgpshcwk9x - great article! Extract 1: "Schaaf's core mistake lies in treating money as a state tool rather than a market phenomenon. This collectivist conception ignores the fundamental truth that money emerges spontaneously from voluntary exchange, not government decree. His worldview represents central banking's pathology of conflating institutional monetary socialism with individual sovereignty." Extract 2: "In all honesty, what are stablecoins redeemable for? More fiat, debt-based, inflationary paper backed by government credibility drowning in deficits. This creates multiple layers of counterparty risks: the stablecoin issuer, the banking system holding reserves, and the deficit-spending government backing the securities." Extract 3: "Claiming Bitcoin lacks value because it isn't "backed" resembles arguing email has no value because it isn't printed on paper. This represents the dying gasp of fiat apologists and Keynesian witchdoctors; a worldview where money is decreed, not discovered; where value is granted, not earned; and where economic truth serves political necessity. "Backing" isn't a feature, it's a trap keeping you tethered to the system Bitcoin was created to escape. Stablecoins aren't stable; they're pegged to a sinking ship, maintaining 1:1 backing with inflating dollars. As dollars bleed value through systematic debasement, so do they." Extract 4: "When Schaaf warns that USD stablecoins might "weaken ECB control over monetary conditions," he inadvertently reveals central banking's coercive nature. The ECB's euro stablecoins and digital euro aren't about empowering consumers, they're about re-centralizing monetary control under slick looking interfaces and Orwellian surveillance. Both CBDCs and regulated stablecoins remove bearer instruments while subjecting all transactions to state scrutiny." Extract 5: "Whether your chains are denominated in dollars or euros matters little when the shackles remain identical." Extract 6: "Stablecoins and CBDCs represent the old world's final attempt to prevent monetary evolution through technological camouflage and regulatory capture. They offer innovation's appearance while preserving monetary authoritarianism's substance." https://kudzai.substack.com/p/the-irony-of-unintended-consequences

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