
Mandalorian
Mandalorian
npub18z53...50l4
Background in computer science, > 27 years in enterprise IT. Into science fiction/fantasy, art & design, history and economics. Author of THE CRESCENT AND THE CRYPT, BITCOIN IS HALAL & THE ROBOTS ARE ALIVE! π Get the books from www.ashikusmanbooks.com. New All-in-One Bitcoin/Lightning/Nostr Wallet project: www.ijmawallet.com. For book translations, βοΈ bitcoinishalal@proton.me.

βHalf of life is lost in charming others. The other half is lost in going through anxieties caused by others. Leave this play. You have played enough.β - Rumi



In this @Danny Knowles What Bitcoin Did episode, @Saifedean Ammous argues that the collapse of civilisation began not in 1971 with Nixon closing the gold window, but in 1914 with World War I. He explains how fiat money enabled governments to escape monetary discipline, fund wars without consent, and reshape society. The conversation highlights how inflation erodes savings, culture, and long-term thinking, and why Bitcoin offers a genuine alternative as sound money.
ποΈ Key Themes from the Interview
1. Historical Roots of Fiat Collapse
- Saifedean stresses that 1914 marked the true turning point, when governments abandoned the gold standard to finance World War I.
- Fiat money wasnβt an accident; it was a deliberate power grab that allowed states to expand wars, empires, and deficits without public accountability.
2. Inflation as Civilisational Decay
- Inflation destroys savings and intergenerational wealth, pushing people toward short-term consumption.
- This shift in time preference undermines culture, architecture, science, and family stability.
- He frames fiat money as a hidden tax that corrodes civilisation from within.
3. Central Banks & War Finance
- Central banks learned to fund wars and deficits invisibly, bypassing democratic consent.
- The episode explores how this mechanism entrenched state power and weakened individual sovereignty.
4. Bitcoin as Sound Money
- Bitcoin is presented not as ideology but as βprice technologyβ; a neutral, incorruptible monetary system.
- It restores low time preference, encouraging savings, investment, and long-term planning.
- Saifedean argues Bitcoin is the first real alternative to fiat since the collapse of gold.
π Takeaway
Saifedeanβs central claim is stark: fiat money rewired civilisation toward short-termism and decay, while Bitcoin offers a path back to sound money, discipline, and cultural renewal. The interview blends monetary history with a civilisational critique, positioning Bitcoin as both a technological and moral corrective.
Source:
Never forget that the life of this world is only a game and a passing delight, a show, and mutual boasting and trying to outrival each other in riches and children.
The Qur'an 57:20


For Eddie...


βThe sky above the port was the color of television, tuned to a dead channel.β


How Big Tech Feeds Israel's War Machine - Ibtihal Aboussad
Check out The Crescent and the Crypt, Fantasy Fables series - Solo Adventure Gamebooks - Book 1 of 7 by Ashik Usman on www.ashikusmanbooks.com #fantasyfables #gamebooks


