Thanks so much for responding, it means much that folks actually are reading, watching, and listening. We all have different perspectives on life, it's so Interesting - tell me more. What is an economy?
I borrowed this from AI so it is not biased towards me.
See if you find the bit where it talks about currency.
An economy is the system of production, distribution, exchange, and consumption of goods and services within a particular region—such as a country, community, or the world at large. It encompasses the ways resources (like labor, capital, land, and technology) are allocated, how markets operate, and how wealth and income are generated and shared among participants. In essence, an economy describes how societies organize and manage the scarce resources needed to satisfy human wants and needs.
So while the crypto bros think a currency will solve the problems of a K shaped economy the rest of the world actually works to solve the real problems within the K shaped economy.
The crypto bros are speculators. They are not economists.
Speculators that have forgotten what crypto was designed to do.
Crypto was never about price. it was designed to control the private oligarghs.
Today the crypto bros tell us to invest when the private oiligarghs are investing. Increasing the problem that crypto was designed to solve.
Bitcoin cannot as the problems within the US and European countries has nothing to do with currency.
If you want to be a better Bitcoiner then understand what an economy actually is and you will find it has nothing to do with money.
Thanks so much for responding, it means much that folks actually are reading, watching, and listening. We all have different perspectives on life, it's so Interesting - tell me more. What is an economy?
I borrowed this from AI so it is not biased towards me.
See if you find the bit where it talks about currency.
An economy is the system of production, distribution, exchange, and consumption of goods and services within a particular region—such as a country, community, or the world at large. It encompasses the ways resources (like labor, capital, land, and technology) are allocated, how markets operate, and how wealth and income are generated and shared among participants. In essence, an economy describes how societies organize and manage the scarce resources needed to satisfy human wants and needs.
So while the crypto bros think a currency will solve the problems of a K shaped economy the rest of the world actually works to solve the real problems within the K shaped economy.
The crypto bros are speculators. They are not economists.
Speculators that have forgotten what crypto was designed to do.
Crypto was never about price. it was designed to control the private oligarghs.
Today the crypto bros tell us to invest when the private oiligarghs are investing. Increasing the problem that crypto was designed to solve.