Bitcoin, Looters, and Producers

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In this video, I discuss the difference between producers and looters, and how Bitcoin incentivizes more producers and fewer looters.

Producers are inventors, creators, entrepreneurs, craftsmen, farmers, ranchers, carpenters, programmers, teachers, engineers, etc. who provide goods and services or work for businesses that provide goods and services that real people actually desire.

By contrast, looters steal things. Looters are people who break into your house or car and take things, or trick you into accidentally sending them money, etc.

There are other types of looters:

"Licensors" are people who take away your natural human right to do something (like drive a car, or cut someone else's hair) and then sell that right back to you in exchange for an annual extortion payment called a "license."

Another group of looters are the people who try to force you to buy something or do something that you don't want to buy or do.

Central banking is the looters' greatest invention ever. Central bankers make money at the press of a button, while you need to work for your money. Central bankers print up the same money for free and then use it to fund your oppressor (the federal government, with all of its violence, extortion, blackmail, and racketeering).

Bitcoin is the Great Shield, gifted to us by Satoshi himself, in order to help us to protect ourselves from the looters, the rent-seekers, and the other enemies of a just society that is built on the principles of freedom and voluntary exchange.

Not investment advice! Consult a financial advisor.

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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
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Disclaimer

[Bitcoin_University]

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[fairplayer]

One of the most powerful statements that Simply Bitcoin's Nico loved to use was 'we are expected to work and earn money which the central bankers can print for free'. That channel will be missed until it returns.

[TheMicho]

Someone told me they don't want to put all their eggs in one basket referring to BTC. I told them BTC isn't the eggs, it IS the basket of ALL baskets.

Don't let your hard earned eggs get diluted from Political crooks.

I only got comfortable with that thought watching your videos. Thanks you for that Matthew!!

[A...K]

The more content that move to NOSTR now. The better

[Jackson-lr]

That's a sharp observation. Governments often claim to create jobs, but in reality, they primarily redistribute resources taken from the productive sector of the economy through taxation and regulation. This redistribution can stifle innovation and entrepreneurship, the true engines of job creation. In this sense, what governments often "produce" isn't new opportunities or wealth but rather a system of control and dependency, funded by what many view as legalized theft.

When governments focus on expanding their reach rather than fostering an environment where individuals and businesses can thrive independently, they inadvertently suppress the very forces that drive real economic growth. The wealth and jobs that could have been created in a freer, less regulated environment are often lost to bureaucracy and inefficiency.

By recognizing this, more people may start to seek alternatives to centralized control, embracing decentralized systems that allow for true economic freedom and innovation. These systems empower individuals to create value and jobs without the heavy hand of government intervention, ultimately leading to a more prosperous and independent society.

[retrobeaver]

Good morning from the Peoples Republic of Canada. Keep up the good vibes.

[ChristopherWalkenActor]

3 things to stock up on: bitcoin, beans and bullets.

[MrWeesmokie]

You don't have to agree with everything anyone says, but when it's put in a rational way, it's difficult to disagree.
I find your takes to be rational.

[GetOhn]

I don't know about you guys, but I'm not too fond of the government 😠

[vot]

Fiat money is the ultimate, most insidious form of looting mankind has ever devised.

[FF-emjk]

I remember when I had to pay 100s of £ for stupid tests, because I didn't take a certain medical product in order to be allowed to travel home for my holiday. When I buy Bitcoin, I know I'm starving these kind of people, little by little

[motoric]

Dear people, according to the past events @Simply Bitcoin please keep on sharing outstanding content like this for until we can!!!

[themomista]

Another great one, thank you Sir! Goal: be ungovernable!

[kerbyanderson]

I might also recommend the book by James Dale Davidson, et. al. - The Sovereign Individual: Mastering the Transition to the Information Age.

[everettgriffin]

Another word for looters is a criminal syndicate. Pay to play or you can’t play.
As the youth amongst us have more information available, many are deeply disturbed by the necessity of the abrogation of moral structure to gain the basic necessities of life.

[MrRem]

you've always got an incredible way of describing a complex problem succinctly

[RONIN_SATS]

🔥🔥🔥 Kratter bringing straight fire on this one

[Bit-while_going]

Books like Atlas Shrugged put the reader into a reality where creators can achieve success against great odds simply by the power of their minds and integrity to be unwilling to compromise them. It's easy to forget while reading these that the looters and producers don't actually exist within the same systems at all, but Ayn Rand knew that and therefore said "Those who fight for the future live in it today." And the converse is that those who fight for authoritarianism do live in that even if only in their mind, ethics, morality, and other actions.

[CC-iihg]

Too bad they banned Rustin. Loved his videos. Hilarious and on point!

[yqrcorx]

Great video Matt. Massive fan here! I'll be joining the nostr system soon.