If you already know that the monetary system is broken, the real question isn't what is wrong. It's what do you do with that knowledge? Natalie Brunell is back on Bitcoin for millennials to discuss the deeper layers of her newly released book, Bitcoin is for everyone. We talk about how adopting Bitcoin gives hope and agency to people who decide they don't want to outsource their financial life to banks and advisers anymore, but rather embrace Bitcoin and self-custody and having real skin in the game. And la ...

RT Super Testnet (@SuperTestnet)4/4 ...several moral claims enforced at the consensus level. Because that's what bitcoin is for: to create a monetary system that is fundamentally *more moral* (in certain ways) than the alternatives. Spam limits, if they become consensus, are just more moral bricks in the wall. ...

Cryptocurrency & Monetary Systems - Naval Ravikant 指出，自 1971 年以来，货币体系从“自然货币（黄金）”转变为“社会主义货币（法定货币）”[1] - Ravikant 认为加密货币是“用自由市场体系取代社会主义货币的技术”[1] - Ravikant 认为市场体系本质上是竞争性的，随着技术发展，新的货币形式将不断涌现以挑战现有货币[1]

Economic Cycles - The industry observes that economic cycles occur approximately once in a lifetime due to breakdowns in established systems [1] - These breakdowns create cyclical patterns [1] Debt and Monetary Systems - The industry notes the existence of monetary systems and debt cycles [2] - One entity's debt represents another's assets [2] - The industry identifies a debt issue arising from unsustainable debt accumulation [2]

Reserve Currency Status - The US dollar is expected to remain the world's reserve currency in 10 years due to the difficulty of quickly replacing reserve currencies [1] - The percentage of reserves represented by the US dollar is expected to slightly decrease in 10 years [1] - The US dollar's reserve percentage has already decreased from 80% to 70% [1] Alternative Currencies - A credible alternative to the US dollar is needed to replace it [2] - The Euro is currently the only credible alternative, but Europe needs to improve its coordination [2]