@fisto 25 March 2025 edited more from that month

We Bitcoiners are Cantillionaires The dilemma of thriving on flawed fiscal policies.

`[Image generated by AI via ChatGPT]` Anyone deep in the Bitcoin game understands that liquidity cycles, not halvings, are what truly drive the asset’s price. These events have just happened to align with massive injections of money into the global economy. This upcoming cycle will be no different. Once we see the M2 money supply surge, we’ll be thrust into the anticipated bull run, potentially driving prices to unprecedented levels. The extent of this price surge? That hinges on just how massive the dollar's bazooka blast turns out to be. These days, the Bitcoin community celebrates the prelude to this phenomenon and remains in a state of high alert, keeping a vigilant eye on every minor fluctuation of the indicator and hanging on every potential hint from Jerome Powell about a possible pivot to more accommodating policies. We find ourselves desperately hoping for rate cuts, the cessation of QT, and the commencement of QE. Tons of *'Brrr' memes* are queued up to shine once the fireworks begin—because this is imminent. Yet, a critical reflection seems missing. We, the staunch advocates for sound money and vehement critics of currency debasement, find ourselves paradoxically craving more of this monetary expansion. Why aren’t we opposing it? Our actions contradict the very *Austrian*, *liberal*, or *anarchist* principles we profess. Shouldn't we be the first to march against, to denounce, and to criticize these practices in every forum available? Bitcoin was meant to be a refuge from the corrupted financial system, not a tool to capitalize on it through unilateral wealth transfers. Whether we admit it or not, we have become *Cantillionaires*—profiting from new money by purchasing the same assets as those at the top of the financial food chain, assets that appreciate from these liquidity infusions In the brutal reality of wealth distribution, no one remains neutral: you either gain at the expense of others or lose to their gains. Clearly, it’s preferable, for personal and familial reasons, to be on the gaining side.  We Bitcoiners, however, understand this dynamic and must own up to it.  Almost none of us would trade an upcoming bull run for a stable monetary environment that benefits the wider human community. Almost all of us favor a new surge in the M2 supply that can boost our portfolios and enhance our wealth, even though it means higher costs of milk or diapers for those at the bottom—those who cannot afford or understand Bitcoin, and likely never will.  While we may long for the system's downfall, for now, we find extracting wealth from others tolerable. As long as the current monetary system persists, *we Bitcoiners remain Cantillionaires*—privileged, yet paradoxically opposed to the very mechanisms that bolster our wealth.