Tag: fiat

Sep 11 2022

The Greatest Trick Ever Played, And How Bitcoin Shatters The Illusion

Centralized planners could not have dreamed of a more obfuscating and power- concentrating system than that of fiat money.This is an opinion editorial by Andrew Axelrod, a Bitcoin educator and writer whose LinkedIn posts have orange pilled thousands. "The devil's finest trick is to persuade you that he does not exist." — Charles Baudelaire“The...

Sep 05 2022

After 21 Bitcoin Songsheets, A Call To Bitcoiners: Fiat Delenda Est

To end the contagion of rent-seeking, ubiquitous politics and lack of truth, we must destroy the fiat system.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.I’ve been saying this phrase for about 2.5 years now and have been ending my podcast, newsletters and speeches with this phrase. In...

Sep 03 2022

Bitcoin Maximalism Is The Idea That You Need To Fix The Money First

The market for money has been distorted by The State for so long, it came to hardly exist before Bitcoin arrived.This is an opinion editorial by Niko Jilch, a financial journalist based in Vienna, Austria who runs the Fixthemoney Substack and a German podcast called "Was Bitcoin bringt."Alright. It seems like we have decided to spend the "cryptowinter" arguing about who...

Aug 30 2022

Fiat Infects Relationships With Low Time-Preference

Relationships are another victim of the low time-preference infection created by fiat money.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.Our relationships have an unwelcome intruder, and that's the government.A society is a network of relationships between people. An edge should be bilateral and...

Aug 28 2022

Bitcoin Is Freedom From The Fiat System’s Walled Garden

The fiat system is a walled garden surrounded by armed guards. Bitcoin penetrates and dissolves these walls, and helps humanity flourish in the process.This is an opinion editorial by Andrew Keir, an author of a daily newsletter, where he dives deeply into the transformational nature of Bitcoin.The concept of a walled garden is not a new one; they have been around...

Aug 27 2022

Energy, Currency And Deglobalization Warning Signs

This analysis of the changing world order, its impacts on the global economy, and the future of central bank monetary policy is the first in a two-part series....

Aug 15 2022

Examining The Nixon Shock Decisions That Would Lead To Bitcoin

In hindsight, several particular decisions made in the 20th century created an environment that necessitated bitcoin.This is an opinion editorial by Wilbrrr Wrong, Bitcoin pleb and economic history enthusiast.Aug. 15 marks the anniversary of Richard Nixon’s 1971 decision to sever the link of the U.S. dollar to gold. A recent book by Jeffrey Garten, “...

Aug 01 2022

Bitcoin Songsheet: Fiat Politics Suck

The Blocksize Wars were an example of Bitcoin resisting the fiat politics played on every level of society.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience....

Jul 30 2022

Fiat Users Are Playing Hot Potato While Bitcoiners Play Musical Chairs

Jul 30 2022 Published at Bitcoin Magazine under tags  culture debt federal reserve fiat games

Kicking the can down the road, versus capturing pieces of immutable scarcity. This is the choice that bitcoin brings to the table.This is an opinion editorial by Maxx Mannheimer, a former sales account manager with a background in training and industrial-organizational psychology.The economy can be thought of as a complex orchestra. Industry sectors are represented by the choir, strings, brass,...

Jul 18 2022

How Replacing Reality With Fiat Falsehoods Destroys Meaning

Finding direction in a fiat world is like using a compass that’s lost its magnetization, leaving it to spin free and unabated.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.We're being robbed of our dreams.Remember when you were little and wanted to grow up and do something...

Jul 14 2022

Bitcoin Is Money Made Simple, AKA Monetary Decomplexification

Jul 14 2022 Published at Bitcoin Magazine under tags  debt fiat inflation markets opinion

The various inner workings of the fiat system lend to an increased “surface area” for misuse, misallocation and misunderstanding.This is an opinion editorial by Dan, cohost of the Blue Collar Bitcoin Podcast.A Preliminary Note To The Reader: This was originally written as one essay that has since been divided into three parts. Each section covers distinctive concepts, but the...

Jul 09 2022

Fixing Broken Fiat Plumbing — Sharing A House Separated By Cantillon Privilege

Jul 09 2022 Published at Bitcoin Magazine under tags  economics fiat inflation markets opinion

A firefighter’s take on today’s precarious economic mechanics and how bitcoin steps in as an empowerment tool for the middle class.This is an opinion editorial by Dan, cohost of the Blue Collar Bitcoin Podcast.A preliminary note to the reader: This was originally written as one essay that has since been divided into three parts for publication. Each section covers distinctive...

Jul 04 2022

Fiat Knowledge: Only Bitcoin Creates A Culture That Rewards Verification

Jul 04 2022 Published at Bitcoin Magazine under tags  culture fiat ideas opinion trust

Fiat knowledge is a result of information sources being centralized and misaligned in incentives.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.Nobody wants to do the hard work of verification.Instead most people want to just trust somebody and not worry about seeking out the truth. I get...

Jul 01 2022

How The Fiat Standard Has Impacted Relationships, Sex And Family — And How Bitcoin Can Fix It

The fiat standard has drained the value out of more than just money, leaving family units a weak shell of their former strength.This is an opinion editorial by Paloma De la Hoz, a licensed psychotherapist and psychologist with a focus on sex and couples therapy."The government cares about you" is a fairytale that many people choose to believe nowadays.When I...

Jun 27 2022

Bitcoin Songsheet: The Fiat Reality Of Real Estate

When human living space becomes an investment and store of value, the ownership of said land becomes distorted and centralized.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.Real estate is a fiat possession.Not only is it ridiculously expensive, but it's also difficult to maintain. Anyone that buys...

Jun 21 2022

Choose Your White Paper Wisely — Bitcoin Versus Credit

Jun 21 2022 Published at Bitcoin Magazine under tags  credit fiat markets opinion sound money

There exists two monetary paradigms now, and everyone has the opportunity to inform themselves about both — Bitcoin and credit.This is an opinion editorial by Conor Chepenik, a contributor to Bitcoin Magazine.Humans are derivatives of other humans. Initially, we learn how to act based on our parents’ behavior and as we get older we develop critical thinking skills and parrot the...

Jun 13 2022

Bitcoin Songsheet: Like Altcoins, Startups Are New Money Magnets

These days, startups chase VC fiat and high valuations by attracting newly- printed money but without delivering value. Bitcoin fixes this.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.Startups are a giant fiat game.They are perceived to be the engines of the economy, the drivers of innovation and...

Jun 08 2022

Fiat Republic Becomes EMI after Paybase Acquisition, Raises $2.5m

Fiat Republic, a London-based banking-as-a-service (BaaS) platform seeking to bridge the gap between third-generation web (Web3) and traditional banks, is now an electronic money institution (EMI) ...

Jun 06 2022

Fiat Marriage — How High Time-Preference Led To The Breakdown Of The Family

The institution of marriage has suffered debasement as a result of a singular focus on “love,” a word that’s evolved in meaning.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.Love has been debased.Love used to refer to the virtue present in intimate relationships. Love required sacrifice, discipline...

May 30 2022

Bitcoin Songsheet: How Science Became A Fiat Hype Machine

The never-ending projects fantasized about by scientists promise much without actually delivering anything.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.We've all heard the hype. Nano-technology, quantum computing and cold fusion. They're supposed to come real soon and change everything. Tiny machines that...

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