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ideally the centralized fiat source has enough reserves as backup to account for all future black swans but in practice this buffer is consumed. though perhaps not out of malice. (i.e. maybe like how poor ppl spend b/c otherwise it will be stolen)

the ability to print arbitrarily acts as a backup to take centralized control of a decentralized situation. allows distribution but also reclamation of a mandate of heaven.https://twitter.com/a_yawning_cat/status/1324970403370946560?s=20 …

in essence gold/btc (they are philosophically the same) is about distrust in centralized incompetence. there is no right/wrong here. centralization prevents tragedy of the commons but history of communist attempts says "bad idea prolly"

this reveals one camp. those who do not want to work because they feel they already did the work. the ability to take away someone's savings is scary because it's one small step from the REAL scary thing. the ability to take away someone's CAPITAL.

this why "the lazy ppl should work harder!!" is shadow projection. these are people who HAVE worked hard, no longer have to do so b/c of their capital, and feel they have paid their dues. they preach hard work but also don't want to anymore b/c they know how hard it was

the other camp is people who do want to work but want it to build up to something meaningful & longer lasting. they are not completely blind to the ppl who work hard and have built their own domains and empires. they are NOT as parasitic/lazy/etc.. as the capitalists claim

they are more willing to go to the firehose and take their part in a collective movement because at least it promises to mean something more eternal than paying back debt into a black hole.

yet ironically they are the ones most harmed by inflation because their "capital" tends to be fiat rather than real capital. also ironically is that the new centralized orders tend to be stupid.

e.g. the government that is reigning in its mandate of heaven in order to give everyone The Great New Plan of What to Do is also telling everyone Stop Doing Everything Because of COVID no wonder its just spilling directly into the stock market without doing anything effective

all it's doing is proving the capitalists are right. that centralized control always-eventually becomes retarded. the anti-capitalist behavior is instead just making it clear that capitalism is the only arkk there is in this flood.

this makes clear why the btc movement is evangelical in nature as well. if btc is to become Capital, people must believe in it and and take their marching orders from those who own btc. this New World Order is one where everyone is paid in "Divine Equity"

this returns us again to the problem of everyone being paid in equity. when times get tough, capitalist societies tend to hoard their capital instead of releasing it as economic flow. they tend to retreat to their doom bunkers instead of believing in hoomanity

ironically they often preach abundance but also believe in the power of scarcity through divine resources like gold and bitcoin. their belief in abundance is actually the belief in the power of capital, not real faith in the hooman condition

when individuals buy btc, thus they are actually strengthening the philosophy of capitalism by owning a piece of a scarce future. they want to be capitalists themself by owning stuff that "Others" cannot lay claim to.

this sharp distinction between 'my stuff' and 'your stuff' is why: "It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God." holding the idea of possession as a Sacred Value renounces dissolution of self/other boundary

note that rejecting the idea of possession is just as stupid just as a fully dissolved ego would not know which mouth to feed. the point is to avoid holding it as a Sacred Value, not to be a Rebel with an Oddly Specific Cause

there is moral anxiety here. socialism rejects the divinity of the individual while capitalism ascends the individual to Literal Divinity. (which is degenerate under a framework of Only God as One True Sovereign)