↳ In-reply-to » Debt is slavery. Fiat encourages debt. Therefore, fiat encourages slavery.

@brasshopper@twtxt.net I don’t think “credit” (debt) and “creditors” have anything to do with a how currency changes hands or how it is represented. The only thing I will agree on here is that debt/credit is a “crooked scheme” designed to make money from money.

It is a big massive problem in many modern societies and countries. Look at Australia’s national debt for example, its insane 😅

I personally don’t believe in having any debt. But this is not realistic for all. I definately don’t believe in “living above your means” either (same thing).

Debt/Credit is as bad (more or equally so) than Gambling.

But… Nothing to do with aparticular type of currency.