Davino

The Bitcoin Standard book by Saifedean Ammous

Started by Davino,

3 posts in this topic

Posted

Interesting book that touches upon the storage of value, the importance of limited supply and how assets with easily bendable rules (like printable cash) are always prone to corruption.

God-Realize, this is First Business. Know that unless I live properly, this is not possible.

There is this body, I should know the requirements of my body. This is first duty.  We have obligations towards others, loved ones, family, society, etc. Without material wealth we cannot do these things, for that a professional duty.

There is Mind; mind is tricky. Its higher nature should be nurtured, then Mind becomes Wise, Virtuous and AWAKE. When all Duties are continuously fulfilled, then life becomes steady. In this steady life GOD is available; via 5-MeO-DMT, because The Sun shines through All: Living in Self-Love, Realizing I am Infinity & I am God

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Posted (edited)

No... Corruption has nothing to do with whether the asset has limited Supply or has bendable rules.

If you don't pay your taxes when buying Bitcoin you get arrested.

Does everyone understand that Bitcoin is not decouple from the government in any way?

It's more transparent than cash money because it's easier to trace... It's much easier for the IRS to track your Bitcoin spending.

Bitcoin has not solved a single societal problem, it is not free from corruption, corruption in finance is how people use exchange of value in corrupt ways, Bitcoin doesn't change that.

Edited by integral

How is this post just me acting out my ego in the usual ways? Is this post just me venting and justifying my selfishness? Are the things you are posting in alignment with principles of higher consciousness and higher stages of ego development? Are you acting in a mature or immature way? Are you being selfish or selfless in your communication? Are you acting like a monkey or like a God-like being?

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Posted (edited)

If you want to solve corruption you need forced wealth distribution.

Imagine: An AI that exists on the blockchain decentralized untouchable that hacks billionaire accounts across the world and forces them to pay their taxes by taking a percentage of their wealth and then re-distributing it to everyone. That would be something that would fix corruption because there will be one Central absolute Authority that would force wealth to be distributed across the population, while that absolute Authority is not corruptible.

We need one uncorruptible system that forces wealth distribution, the government is supposed to do this the problem is the government is easily corruptible.

Edited by integral

How is this post just me acting out my ego in the usual ways? Is this post just me venting and justifying my selfishness? Are the things you are posting in alignment with principles of higher consciousness and higher stages of ego development? Are you acting in a mature or immature way? Are you being selfish or selfless in your communication? Are you acting like a monkey or like a God-like being?

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