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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Bitcoin is engineered money; a revolutionary innovation. It's here to stay and will only increase in value over time. I don't tell people to buy bitcoin. I suggest that they learn about it and come to their own conclusions. Here's a starting point, for anyone genuinely interested: https://youtu.be/YtFOxNbmD38?si=_e94F5L1-yBZLk3A [/quote] This presentation argues that **debased currency** is the root cause of modern societal issues, ranging from rising costs to family breakdown. Using a fictional parable of two leaders, the speaker contrasts a **fixed monetary system** with one controlled by a "big red button" that allows for endless money printing. The narrative explains how **government intervention** through currency expansion leads to distorted prices, lower product quality, and increased wealth inequality. This process ultimately forces businesses to cut corners and people to lose their **purchasing power**, creating a cycle of dependency on the state. The speaker identifies **Bitcoin** as the real-world equivalent of "perfect money" because it is decentralized and scarce. By adopting this **incorruptible standard**, he believes society can separate money from state control and restore global prosperity.[/quote] I've always found this to be a strange argument by crypto bros when Bitcoin only works (and barely, at that) because it is constantly printing new "money".[/quote] Eventually bitcoin will stop being generated i think at 21M coins? We are at 19M but will take awhile to reach end. Lost coins are a real problem: about 4% of coins are lost each year. In 2026, the number of bitcoins lost each year is starting to outpace the number of new bitcoins being mined. This means the "effective" supply of Bitcoin is actually shrinking. As a currency, a shrinking money supply. [/quote]
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