It only seems like a cult because the #passion Bitcoiners exhibit for this #SoCalled "#investment" is similar to the passion actual #cult members express about their cults.
To an uniformed person, the Bitcoin culture may feel that way; Because, similar to cult members, it's the most important thing in the lives of many #Bitcoiners (and is what we all talk about more than anything else). But ~why~ DO we find it SO important? Quite frankly, it's the only thing that gives many of us a hopeful future as opposed to the dismal future the #FIAT system guarantees.
It's so refreshingly simple and yet so profound in it's #macroeconomic affects on the world.
#War becomes less profitable and less affordable when you can't just print your local currency away to pay for it, and thus can no longer rob the entire population of their life savings and future earnings (through the debasement of wages that results from debasement of currency).
You also can't benefit from war as much anymore because you can't just steal the stored wealth of the people you conquered, because good luck finding the private keys of everyone who you just killed in the city you burned. In the long run, war nearly disappears.
#Housing is no longer treated as an investment and instead returns to it's utility value ONLY, being useful as a home to live in and raise a family in. Housing becomes more affordable, homelessness slowly disappears.
On a #BitcoinStandard the buying power of your wages go up instead of down, putting the average worker on the high ground of the negotiation table at the renewal of their employment contract. Instead of your boss granting YOU a "raise", that is often much less than the rate of debasement, you must instead grant THEM a wage reduction to account for the value of the units the wages are paid in going up. This makes it so over time your wages go up in value even after counting the reductions in measured units, so life gets more affordable instead of less as it does now on a FIAT system.
Instead of rampant #consumerism destroying our planet and producing endless amounts of #cheap #low-quality #garbage that fills up our #oceans / #rivers / #NaturalAreas, it incentivizes more careful and considerate purchases with an eye for #quality. Is this product actually worth my #HardEarned #money? Is it worth the #OpportunityCost of the better products I could buy next year with the same amount that will be worth more? Or is the value I'll receive from owning it over the next year greater than the value my money itself would grow by? Products have to offer real value to people, reducing #waste.
With the current FIAT debt-based economic system everyone giving all their excess money to giant corporate overlords who then use it to "grow" by any means necessary, including buying out all their competitors (and becoming #monopolies and #oligarchs in control of the #government), and not giving a damn about the people and lands they exploit to grow their bottom line. Instead, on a #SoundMoney system like Bitcoin people can save up their earnings and use them how they see fit without #CounterpartyRisk since Bitcoin is a #BearerAsset. This increases the ability of the average person to start successful #SmallBusinesses, and overtime increases #innovation as small businesses take more #risks on #PassionProjects they actually believe provide #RealValue to the world.
These are only a few of the benefits having a hard money that's cryptographically secured will bring, there are many more. This is bigger than the #internet, bigger than the #IndustrialRevolution. Perhaps the single biggest discovery for the progression of the human race in millennia. #Uncorruptible, #indisputable, #verifiable, #truth in #finance.
Bitcoin is humanities launching pad to an #abundant future where everything is #affordable, and where waste, #corruption, and war are minimized.
That's not them talking about it's affects on our electric grid and electricity prices... But in short, even more abundance and affordability. I can't wait to see how it changes the world, at first #GraduallyThenSuddenly.
quotingAhh yes, lets encourage people to make everything in their life about Bitcoin... doesn't sound like a cult at all.
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