Mastodawn

I guess what bothers me most about 2026-era macro economics is how shameless it all is. The wealthy are siphoning the world's entire economic surplus into a harebrained attempt to replace workers with data centers, and they've captured society so thoroughly that we're just letting them. If they succeed, what do you think the world will look like? If they don't, you can bet the consequences will not be carried by these clowns themselves.

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𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇨🇦)Apr 23

@marijn they do it by printing momey to build put their AI and data centers.

....they dont get the money from revenue.

They can do it because we work for the money they can print to build it and maintain it all for them... why do we do that?

if everyone required them to pay in bitcoin, this would all end very quickly - but yeah, you think bitcoin is bad too so ....i guess they will just continue 🤷‍♀️

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Bogdan Buduroiu Apr 24

@serapath

If everything was Bitcoin, you'd have endless austerity.

Money not being a commodity is beautiful, actually.

@marijn

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𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇨🇦)

@budududuroiu @marijn

Bitcoin isnt really a commodity, its more like a network contract ppl can join.

Austerity is a complex phenomenon.

Nobody said anything about tax cuts or stopping government spending.

Also governments already successfully prosecute and confiscate funds and continue to do so if anyone commits tax fraud (its much more transparent)

BTC stops the capitalist class from draining us by printing money via VCs to spend it on their nepo kids which inflates house etc.. prices

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𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇨🇦)Apr 24

@budududuroiu @marijn

Whether its web3/crypto or trump paying lip service to bitcoin, its always capitalists framing bitcoin as great and adopting it would drain governments, so that ppl get afraid and wont adopt bitcoin ...which is actually what capitalists want and it works... sadly :/

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Bogdan Buduroiu Apr 24

@serapath

Bitcoin is finite, you can't print Bitcoin. When you need to stimulate your economy in a recession by investing in industry, please enlighten me about the bitcoin-based mechanisms that would allow you to run a budget deficit, or to devalue your currency to be internationally competitive in terms of trade?

@marijn

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𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇨🇦)Apr 24

@budududuroiu @marijn

Since 2008, printing money mainly benefits the capitalist class. Musk & Co. are as rich as they are exactly because of that. So by stopping "socialism for the rich", most of the problems disappear already. e.g. covid funds was mainly for billionaires

Another austerity issue is all fiat is debt based and repaying takes money out and in "austerity times" this continues... and debt is as high as never before in history, and the debt is mostly billionaires printing.

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𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇨🇦)Apr 24

@budududuroiu @marijn

we urgently need to continue organizing worker coops, mutual aid networks and solidarity in general, because defubding the capitalists will take an effort. Keeping the ability to print will mainly benefit the capitalist class (like it always has) ...covid is the best example. Some people who were employed were funded/bribed as well, but many werent and in general only the capitalist benefitted most from the enormous wealth transfer to the rich.

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𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇨🇦)Apr 24

@budududuroiu @marijn

The rich capitalists are bankrupt since 2008, but use their money printing privilege to keep it going. The means of production are mainly enormous costs (renew facilities, pay for energy and input resources, pay for labour, etc... also pay upkeep for you mansions and sport cars and yachts etc...)

Without enough revenue tbey will lose their wealth fast and their main leverage point is money printing, this is a real issue.