FIX THE MONEY - FIX THE WORLD #Bitcoin

[Little Mouse]

Just thought to share this nice text I found on Twitter from Bitcoin Magazine. I follow them for Bitcoin updates regularly.

The world is having too much inflation around. To fix the world, the necessity of Bitcoin is inevitable.

Here's part of the tweet they posted.

FIX THE MONEY - FIX THE WORLD #Bitcoin

Fix the money. Fix the world. Join the cause. Join the Bitcoin community, the Bitcoin movement.

Source

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[DooMAD]

The community does at great job at explaining the benefits for individuals when using Bitcoin (privacy, security, etc), but it's probably fair to say we could do a better job of highlighting the wider economic impact Bitcoin's ethos could potentially have.  We stand in stark contrast to traditional debt-based economies.  Since 2009, we've proven beyond all doubt that not only can economies function without debt, they can flourish.  Imagine if the world ever stopped chasing the ridiculous notion of perpetual growth in the economy.  Feeding the debt-monster to pretend that it's somehow better for everyone that way.  Things would be remarkably different if the rest of the planet did things more akin to the way Bitcoin does them.

[buwaytress]

Agree DooMAD.

Debt, and just the creation of debt at the flick of a hand, and the meddling with economics be the few, using opaque systems that have no rules other than arbitrary ones that we aren't even sure are being followed, with no way for anyone to audit, to keep things in check and balance.

The entire system is creaking under masking tape and band aids, held up by obsolete, costly, infrastructure completely exposed to human error and manipulation. And always to benefit the system, rather than the people it claims to support.

Money needs to be fixed, and it starts with a system reboot. Debt forgiveness.

[BlackHatCoiner]

Debt, and just the creation of debt at the flick of a hand, and the meddling with economics be the few, using opaque systems that have no rules other than arbitrary ones that we aren't even sure are being followed, with no way for anyone to audit, to keep things in check and balance.

Debt and the creation of debt "at the flick of a hand" per se isn't the problem, though. The problem in my opinion is that the creation of that debt doesn't happen at the expense of those who create it. To be precise, when the government creates debt, it's the people who pay it. Different entity takes the loan, different entity pays back the loan.

Besides the central point of failure, which in a completely free enterprise system doesn't affect the entire economy but only the merchant, it incentivizes reckless spending. The reason is pretty simple: you only think carefully when you spend what is yours. When you spend somebody else's money for their good, you're prone to spend it recklessly. So more government spending is more reckless spending.

[cryptosize]

Money needs to be fixed, and it starts with a system reboot. Debt forgiveness.

/Klaus Schwab has entered the chat

Too bad he'll have to confiscate your property to forgive your debt...

[Woodie]

I was really interested to read what the thread had on Twitter only to find the guys behind "FIX THE MONEY - FIX THE WORLD" were simply doing some marketing , but either way, the message is loud and clear!

Btw, if the world was to be fixed using money bitcoin, the real winner here would actually be bitcoin itself...

think about the demand that will storm in and push price up, but of course, this will never be a walk in the park, politicians will always stand in the way of such a noble cause to protect their interests because they know they are the guys behind corruption, kickbacks you name it and allowing bitcoin free entry means cutting their dirty deals out...this is going to war afaik.

And debt is also one tool used as a way to control other entities/counties in need of financial assistance and if they fail to pay back get to pay a thousandfold and the citizens are the victims in the end after the carelessness of a politician.

[Rruchi man]

politicians will always stand in the way of such a noble cause to protect their interests because they know they are the guys behind corruption, kickbacks you name it and allowing bitcoin free entry means cutting their dirty deals out...

The system of money is controlled by these individuals who are in government, the money needs fixing with bitcoins, but agreeing for a fix for a problem sometimes created by themselves is the act that is in itself difficult for them. If they are not beneficiaries of the system, the will agree for a fix in the world by fixing the problems caused by money with bitcoins seeing how things are. The system is bad already without any sign of being better if the new change is not adopted, the system is possible to collapse and make the world more unbearable. Change is inevitable, Change is bitcoins, bitcoins must come, whether a fix is agreed upon or not.

[OcTradism]

I love Bitcoin but I don't love that slogan. Bitcoin is Bitcoin and its most important mission is giving people freedom of what they own (be their own banks) and better if they invest smartly they will get financial freedom too.

I disagree with statements to over emphasize missions of Bitcoin. It is not here to fix everything on Earth. It is unable to fix local or global economics or social, politics problems and other issues in other areas.

To make Bitcoin more friendly with the crowd, I don't think we should spread that statement that can makes side effects.

[dansus021]

Agree DooMAD.

Debt, and just the creation of debt at the flick of a hand, and the meddling with economics be the few, using opaque systems that have no rules other than arbitrary ones that we aren't even sure are being followed, with no way for anyone to audit, to keep things in check and balance.

The entire system is creaking under masking tape and band aids, held up by obsolete, costly, infrastructure completely exposed to human error and manipulation. And always to benefit the system, rather than the people it claims to support.

Money needs to be fixed, and it starts with a system reboot. Debt forgiveness.

Debt is never-ending story

Yeah Agreed money needs to be fixed


I just do some research and correct me if I am wrong that the developed country or at least a county who have a bunch of natural resources always had poor currency against USD dollar or against other currency

[bbc.reporter]

I love Bitcoin but I don't love that slogan. Bitcoin is Bitcoin and its most important mission is giving people freedom of what they own (be their own banks) and better if they invest smartly they will get financial freedom too.

I disagree with statements to over emphasize missions of Bitcoin. It is not here to fix everything on Earth. It is unable to fix local or global economics or social, politics problems and other issues in other areas.

To make Bitcoin more friendly with the crowd, I don't think we should spread that statement that can makes side effects.

I very much agree. We should also be realistic about this and try to see everything from an unbiased eye. On account of bitcoin's monetary policy alone, it will certainly cause it to be unstable and as an effect it will be difficult for it to fix money because of this. I am sorry if it appears that I am antagonizing again, however, we should live in reality.

[Darker45]

To be quite frank, I don't agree. It's as if the world's myriad of problems are all caused by the way money is, or money itself. Nope, I don't think so. Even during the primitive era, there was probably already murder and theft and robbery and rape and arson all kinds of crimes. When human civilization used the barter system, it doesn't mean there were no wars and conquests and bloody seizures of power and otherwise.

I am in agreement that fixing the money, which is dirtier underneath than how it all appears from the outside, would contribute in fixing the world, but it can only do so much. It's probably obsession to think of Bitcoin as a technological panacea. Truth be told, there's no silver bullet that could fix the world.

And I think this popular line is not originally coming from Bitcoin Magazine.

[bittraffic]

Money is often the cause of trouble. If not for money the government will not exist, it's the one that keeps it up. As much as we want to fix the world, people will always want to pick a fight over money. War is often because of resources which in turn Money still.

I have heard of this line before Bitcoin and as much as I wanna see it heard by more people. It's tweeted less than 500 times. That alone means not everyone is agreeing with it. I guess the libertarians left in crypto don't want to dip thier toes in politics.

[mk4]

To make Bitcoin more friendly with the crowd, I don't think we should spread that statement that can makes side effects.

It's technically nonfactual due to the reasons you've listed, but it's one damn great slogan though. Giving less money/funding to the governments should greatly reduce their power over people and less funding for wars — which in itself is a huge thing.

^But yea, it doesn't fix everything lol.

[wxa7115]

Money is often the cause of trouble. If not for money the government will not exist, it's the one that keeps it up. As much as we want to fix the world, people will always want to pick a fight over money. War is often because of resources which in turn Money still.

I have heard of this line before Bitcoin and as much as I wanna see it heard by more people. It's tweeted less than 500 times. That alone means not everyone is agreeing with it. I guess the libertarians left in crypto don't want to dip thier toes in politics.

It is simply unpopular at the time because people refuse to change unless it is absolutely necessary for them to do it, and even if the average person can tell there is something seriously wrong with the economy they to do not want to rock the boat as at least they still have a job and a way for them to pay the bills.

But you can be sure that once most people cannot even do that they will start to ask for changes to be implemented, and the way money works will be one of the topics which will be over the table once that happens.

[Ahli38]

I love the slogan. and it has a broad meaning. because it's about achieving a freedom and a transparency that is currently lacking in the financial system. Bitcoin has become a solution for many people with various goals that may be different for each person. But everyone wants freedom. we like something with a high level of transparency. and bitcoin is the answer. remain transparent in transactions but our privacy is maintained. yeah that's a super plus value from bitcoin.

[Upgrade00]

We do not live in a utopian society, never have. This should help meter our expectations from the government and the way global economics work.
Bitcoin is a futuristic technology and would impact lots of lives and to a mild extent some country's economy, but it is not a "one solution fixes all problems" kind of situation.

The world is largely run on debts, both within governments, businesses and individuals even. Removing the concept of loans would negatively impact the way things are run, the ability to scale business enterprises or find capital to start up and also the effectiveness of a government to run.

[Die_empty]

I just do some research and correct me if I am wrong that the developed country or at least a county who have a bunch of natural resources always had poor currency against USD dollar or against other currency

The information you got is correct. Africa has abundant resources that can make the continent a prosperous one, yet its nations are highly indebted. These lending organizations use loans to manipulate and control the economic sector of their debtors which includes devaluation of their local currency making the dollars stronger. Bitcoin could help to reduce the dominance of dollars in the global sphere which might make international trading less 'dollarized" but it is not the only solution to the economic woes of developing countries.

The main problem of most natural resources rich but economically poor countries is corruption and bitcoin might not be able to fix it. Until the leaders of these nations focus on using the available resources to develop these nations and not on embezzlement of funds, their economic problems will remain. I agree that money (bitcoin) is part of the solution but it is not the only solution to global problems.

[Kakmakr]

It should actually say... "Fix the governments and then fix the money" ...because governments are at the core of the problem with money. They are the main cause of inflation and hyper inflation, due to poor economic policies and bad implementation of these policies. 

You cannot manipulate economic statistics to suit your political agendas, so that you look good for international investors and for your voters. It is all about power and retaining that power at the cost of your economic prosperity. 

Bitcoin cannot solve that.... but it can serve as an alternative when it fails. (Example : Zimbabwe / Greece ...Cyprus) 

[John Abraham]

I love Bitcoin but I don't love that slogan. Bitcoin is Bitcoin and its most important mission is giving people freedom of what they own (be their own banks) and better if they invest smartly they will get financial freedom too.

I disagree with statements to over emphasize missions of Bitcoin. It is not here to fix everything on Earth. It is unable to fix local or global economics or social, politics problems and other issues in other areas.

To make Bitcoin more friendly with the crowd, I don't think we should spread that statement that can makes side effects.

Well said, bro!
This is precisely what others will agree with. Yeah, We love Bitcoin. That doesn't mean we must support it blindly, and not think of another side. Also, I believe this slogan means being for the financial side, not social or political. A simple word can be used for various things. Take "Script," for example. The same word is used by movie directors, which means the story and plot of the movie. When it comes to a web developer, He means it as web application script.

In this case, Fixing the world means fixing the world's money system.
Surely bitcoin won't be able to fix everything outside of the financial system. But, It will help in many cases, such as privacy. People won't know how much money you have; no one can search for it until you let them know. Banks and fiat money are here to stay at the end of the world. If there is no one to rule, What is the benefit of being a king? Bitcoin holders are the Kings.

[davis196]

I partially agree with the statement "Fix the money, fix the world". However, there are several problems here.
We can fix the money globally, if gold coins become the global currency again(or we revive the gold standard all around the world). The problem is that there's not enough gold to make enough gold coins to cover all global transactions.
The same thing can be applied to Bitcoin. We could make Bitcoin the one and only global currency, but the Bitcoin Core blockchain cannot handle all the financial transactions in the world. Scaling remains the main problem, when it comes to fixing the global finance.