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@ Satoshis Nephew
2025-05-09 17:47:32
Grant, most of us on this group think Bitcoin is great.
But Bitcoin doesn’t solve any problems if people don’t spend less than they earn. Avoiding the traps above is about discipline, discipline to save on any asset is the start. Bitcoin is just the better choice!
You can’t explain Bitcoin to a person who doesn’t already get how to avoid the traps of the current world order.
“Bitcoin doesn’t solve any problems if people don’t spend less than they earn.”
This misdiagnoses the issue. Poor saving habits is a symptom, and broken money is the disease. People will natraully save more when their money isn’t being debased by design. Debt isn’t a moral failure - it’s structural. The fiat system rewards debt and consumption, subsidises borrowing, penalises saving, shortens time horizons and turns societies inward, impulsive, and transactional. Bitcoin removes this distortion by rewarding low time preference and aligning personal responsibility with monetary integrity. Only when money is hard again, will people begin to care about legacy, permanence, and stewardship. Sound money builds civilisation. Cathedrals weren’t crowdfunded with credit cards - they were financed by generations saving in hard money.
Old people at the top and younger people at the bottom..
##bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork