Bitcoin emerges from our actions (with Anthony Molinaro)
Ideas to take with you.
- 01
Real estate under fiat is a leveraged hack on currency debasement, not a solution to it, because each new mortgage creates new credit and feeds the inflation it is meant to outrun.
- 02
Priced in a fixed monetary ruler, most assets that appear to be appreciating are simply being measured in a unit that is shrinking faster than they are growing.
- 03
Political conflict, war funding, and the squeeze on wage earners are largely downstream of the ability to create money, not separate problems to be solved by separate politics.
- 04
No fix to a debt-based system can come from inside it, because every political actor and every asset class denominated in that money inherits the same expansion requirement.
- 05
Changing the world starts with becoming a credible example rather than a recruiter, because lived demonstration moves people the same way arguments do not.
