Thursday 25 February 2021

"When we are all paid in bitcoin, no one can tell us what to do with the value we create … In a post-fiat world, you won’t have to worry about your labor and time being stolen." - Russel Okung


Russel Okung is an NFL player who signed a contract with the Carolina Panthers in March 2020. As part of their agreement, part of his wage is paid out in bitcoin.Russel Okung's comments on bitcoin are spot on:"Money is more than currency; it's power. The way money is handled from creation to dissemination is part of that power. Getting paid in Bitcoin is the 1st step of opting out of the corrupt, manipulated economy we all inhabit.""When we are all paid in bitcoin, no one can tell us what to do with the value we create … In a post-fiat world, you won’t have to worry about your labor and time being stolen."When you have a quarter of the broad money supply being created in less than a year, it is clear that the money printer determines what value is in the first place. If you receive constant government bailouts, either because your company is highly in debt or it secures many jobs, you're never ever going to do anything but to keep your company "system-relevant". You're not going to innovate. You're not even competing anymore.Debt and the money printer killed capitalism.. risk of investing capital is only for the little guy now because they're not relevant enough for the system. Just give them a shitty paying job that we maintain for them at the mercy of our money printer while asset prices inflate away and out of reach.The money that's being printed creates more debt than actual GDP. They have to stop but they can't. via /r/Bitcoin https://bit.ly/3kqoNfE

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