RT Nick Szabo (@NickSzabo4)Bitcoin since its inception has been climbing a learning curve : every year more long-term savers and investors learn about its superiority as a trust-minimized and dilution-minimized store of value. Its dominant signal thus resembles the price action of hot NASDAQ companies that are also climbing learning curves. And like hot stocks, that climb invites debt-funded speculation and the resulting volatility. Other signals are real and there but tend to get buried in the by the domin ...

Cryptocurrency & Blockchain - The tweet suggests a defense of Bitcoin as "sound money" against alternative cryptocurrencies [1] - The sentiment implies a preference for Bitcoin's established principles over other digital currencies [1]

Sound Money - Sound advice on sound money is highlighted [1] - A sound voice on sound money is mentioned [1]

Industry Opinion - The industry suggests that Cantillon insiders dislike sound money [1]

Central banks are buying lots of gold.They realize fiat is fake and sound money will protect them. https://t.co/vkVbXksdpR ...

Monetary Policy & Economic Impact - Abandoning the gold standard is considered a costly mistake, leading to a departure from honest monetary practices [1] - The shift away from gold-backed currency enabled unchecked money printing, funding unsustainable wars [2] - Faking the money supply resulted in rising prices, stagnant wages, and a decline in living standards [3] - The transition from sound money to debt-based system has burdened future generations [5] Societal Changes - Families faced challenges in raising children due to time and financial constraints, leading to outsourced parenting [3][4] - Moral decline was observed, with increased debt, gambling, and anti-depressant use [4] - Family structures weakened, evidenced by doubled divorce rates and plummeting birth rates [4] - Dietary habits worsened, with increased consumption of cheap, unhealthy food, contributing to obesity [5] Generational Perspective - The current generation is inheriting a substantial debt burden with uncertain repayment prospects [5] - There is a call to return to sound money principles to secure a better future [5]

Bitcoin and gold have both outperformed the S&P 500 for the last 10 years.The people realize sound money is their only defense against currency debasement. ...