"Hustle culture" isn't necessarily something to be celebrated. "Hustle culture" is born out of the fact that monetary inflation is making it increasingly impossible to get by on a single income. It doesn't have to be this way.
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For decades, we have compared the dollar against other fiat currencies. It was always the least dishonest amongst dishonest monies. It was the "cleanest dirty shirt," as they say. Enter Bitcoin Absolutely scarce, honest money A clean shirt The game has changed.
Yes, liquidity is suffering right now, but look at the trend. Does anyone believe this dip in M2 is anything but temporary? image
NEW EPISODE TCB Short: How is Bitcoin Created?
Many people on earth never had a landline phone, they jumped the shark straight to the cellphone. In similar fashion, some countries with failing currencies will collapse into the dollar, but as soon as Bitcoin is large enough, most will jump the shark straight into Bitcoin.
We knew the game theory would come for individuals. We knew it would come for corporations. We knew it would come for financial managers. We knew it would come for sovereign wealth funds and nation states. But, let's be honest, did we see it coming this soon?
Bitcoin is about to teach the whole world a lesson in absolute scarcity. I applaud all y'all for getting to class early. πŸ‘
The government shouldn't control the size of the money supply. The money supply should control the size of the government. πŸ‡ΊπŸ‡Έ
We've kicked the debt crisis up the stack from the banking level to the sovereign level. "Too big to fail" has become "Too big to bailout." Prepare yourself for the reset.