The Fiat Standard Notes

Boil it down to it essentials

Ability for money to hold its value into the future?

I think one of the critical things to understand and assess and appreciate and consider his ability for your current money to total value into the future

Low spatial salability

Transfer value across space;


Easy fiat tokens bribe

Stimulus checks and minimum wage increases are just bribes ?

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Economic productivity, economic reward?

Political allegiance… We have to think about economic productivity

Scarcity is natural

Time preference and decision making

Immutable open source package

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Bitcoin is a hard asset, debt free.

Don’t incentivize debt issuance

Great society

The new prosperity

Politics and money should be separate!

Fiat node

Mandatory malware

Taxes in local “fiat coin”

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I don’t think anyone fiat or the fiat system, but most people just throw up their hands and shrug their shoulders and just think “well, it’s the best we got?”

No! We got Bitcoin!

L

Second layer token, derivative of the dollar

Algorithmic adjusting

Adjustment

Capital > Credit

Bitcoin is real capital
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Capital from savers

Why save?

Save bitcoin, save your bitcoin!

Life is finite, time preference is positive

Harden our monetary media

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Saving is good

Durable goods

Universal debt slavery 

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100M Satoshi is 1 Bitcoin

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Enormous incentive to increase debt

More monetary tokens

Holding durable goods

Lower your time preferences ?

Capitalist ventures

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Carry the risk of loss, but increases in productivity

You never spend your gold coins!

Gold coins > Property

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Invest and accumulate capital

How to break the debt chain?

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Stack debt obligations?