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#fiat
My God I am not worthy That you should die so I go free I once was blind, but now I see And let it be done unto me I cannot see what lies ahead You could pick anyone else instead Among all you picked me out You broke through fear and doubt So let it be done unto me My Lord did not come in awe and wonder The land didn't shake, the skies didn't thunder You came to earth in humblest stead Son of God with a manger for your bed Lord, let it be done unto me Where you send me, I will go Led by the Spirit as it blows In this uncertainty there's one thing I know From my life's beginning to its close Let your will be done unto me You have called me to yourself You have named me precious child You have made me in your likeness In your mercy, you reconciled You have shown us the way to the father Taught us to follow God's own son And, as we live in your Holy Spirit, We are given the power of three in one So, I pray, unto me, let it be done
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Feb 10, 2025
Feb 10, 2025 at 9:11 PM UTC
Fiat
Fiat money - designed to fail Over the years, will surely derail Those at “the top”, print to debase Theft from the workers, a bold disgrace Every country - it’s to no avail Fiat money is designed to fail Some can print the money for free What does that mean for you and me? We need a money, in every detail Designed to succeed, and not to fail Bitcoin - money designed to succeed What people and nations truly need Bitcoin, it can’t control or surveil Or basic human rights assail But keeps the value, safe and secure And allows our freedoms to endure History shows - all fiat fails In spite of propaganda’s tales Move to Bitcoin, made to succeed Bitcoin’s growth is gathering speed
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Jan 31, 2025
Jan 31, 2025 at 9:53 AM UTC
Designed to Fail - Bitcoin Poem 126. Problems and Solutions 38
Money represents My time And my life Which comes from My labor My tears And my strife I get to choose where To store Up my wealth Where it won’t be taken By inflation And stealth Bitcoin’s the best place It’s robust And secure So my time and my life And my wealth Can endure No way for the looters To steal And debase The thieving from fiat, Bitcoin Can replace
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Aug 4, 2024
Aug 4, 2024 at 7:02 AM UTC
My Time and My Life - Bitcoin Poem 107
Users of some exchanges based in the United Kingdom need to pass a quiz (to show understanding of the risks) before they can buy Bitcoin. Perhaps people should also pass a quiz before using fiat money, just so they also understand the risks. Here is a United Stated based quiz. 75% score required, 15 out of 20 questions. What is the Cantillon Effect? Describe seigniorage? Who benefits most from seigniorage? How much value has the dollar lost since 1913? What is the #1 cause of inflation? What is “fiat” money? What does fiat mean in Latin? Who prints money in the United States? What is Quantitative Easing (QE)? What is a Central Bank? When was the US Central Bank created? What happens to the value of fiat over time? Describe the Bretton Woods agreement? Why does the US borrow money it can print? What monetary event happened in 1971? Why was it made illegal to hold gold in 1933? What is fractional reserve banking? Why do governments prefer fiat money? Who benefits from “setting” interest rates? What is the M1 money supply?
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Jun 15, 2024
Jun 15, 2024 at 8:27 AM UTC
The Risks of Fiat - Bitcoin Poem 102
Fiat money, printed freely and wildly Contributes directly to big government Because they don’t need the will of the People (paying taxes) for large programs. Instead the government can just use new Money created by the big central banks Therefore When money is not created easily but Instead is only created by honest work And energy expenditure, this naturally Limits the resources the government Can use for their projects and ideas. Bitcoin is the money based on work
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Feb 6, 2024
Feb 6, 2024 at 11:35 AM UTC
Big Government (Bitcoin Poem 085) Problems and Solutions Series 20
The anguish flows when money dies Amid the child’s and mother’s cries It comes when scarcity is lost And money made without a cost Taking savings, stealing time Open theft through hidden crime Stones or feathers, shells or beads These all once filled money needs And represented hours of work Yet money died when people shirk And made more units, cheap and fast Then money died - it did not last We work for money - you and me But central banks just print for free Fiat money - scarce no longer Loss of savings growing stronger We need scarcity - absolute No debasement - no dispute Bitcoin provides the solution clear Thank God Bitcoin’s finally here 180 nations - use fiat today All are dying - come what may Bitcoin conquers the fiat lies Bitcoin is Hope, when money dies
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Sep 23, 2023
Sep 23, 2023 at 11:29 AM UTC
When Money Dies (Bitcoin Poem 067)
Fiat money is unsound money Because governments can print More of this money at low or no cost The printing of more money is so easy That those in power can never resist the Urge to create new money for their use The fiat supply remains unpredictable Therefore Let’s use a money with known supply The solution is to create a limited money That has a cost to the creation of units This money would be sound if no group Or person has the option to issue new Money beyond what was programmed
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Feb 19, 2023
Feb 19, 2023 at 11:04 AM UTC
Sound Money (Bitcoin Poem 045)
“Fiat” in Latin means “let it be done” Yes, a “binding edict” for everyone So “fiat money” means “by decree” THE approved money for you and me “Fiat lux” means “Let there be light” God said the words, God has the right But fiat money by leaders decreed Abuses that role - if inflating by greed Dollars are printing by trillions, it’s true And all decreed money is inflating too If “by decree” - debased money we use Much of its value we can and do lose Now you can use a “money” that’s new Not “by decree”, so it’s freeing for you Bitcoin is money that plays by the rules Safe and predictable - no one it fools The money printing, controlled by a few Takes from the rest - not much we can do You can use Bitcoin, by choice - not decree Let’s make the choice - so we can be free
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Jan 29, 2022
Jan 29, 2022 at 9:29 AM UTC
Fiat - By Decree (Bitcoin Poem 008)
F.ormidable I.ncubator A.dvancing T.yranny Long Crypto - Short Banks!
0
Feb 11, 2019
Feb 11, 2019 at 2:14 PM UTC
For Crypto Fans
*Having summoned an Uber I walked Into the Remise to await for its arrival. Unusual, the owners of this 1750’s building Had refused to knock down the Remise And as it was snowing and cold it sure was A comforting place to wait out of the weather. I imagined how it must of looked in its heyday Full of fine coaches and horse tack. For a moment I could smell a horse all bridled And strapped with new leather – something which Stirred up an agreeable sensation within me; I could feel the churlish beast chomping at the bit. Twiddling my thumbs as I waited I wondered if There were anyone left to construct such an ancient Horse drawn carriage or was there even anyone left Who could ever think of using it. But as oft I do I let my mind wander to Those good old days, though not one of which I knew. Closing my eyes, I swear that I could smell the oak fire Of a blacksmith’s furnace and I could hear the Gent solidly hammering out a new set of gaited horseshoes. In my minds eye I could see the Remise all Full of carriages, each hooked to a fine stead - What a grand sight it must of truly been. It was then that I felt a hand in mine and when I Turned toward the hand – to my wandering eye - I had a hold on the most intriguing creature that God Had ever given a man to hold, I dared not open my eyes. She looked into my soul and asked me, “Sir, which carriage?” At about 8 paces in front of us was what I suppose Was the best equipped of the lot and as its driver Stepped down and made his way toward me/us I noticed the lady was as taken with it as myself. So Monsieur De La Dessein – the driver – or at Least that was how he introduced himself, Then he asked me if we cared to take the Grand Tour. He led us up to the door of the chaise and as he opened The door I said, “This one will not do, It is hardly big enough for one.” The lady, without hesitation, pushed me toward the Door whispering, “Get in.” Upon her insistence I climbed aboard taking up All but about 4 inches of the seat cushion When the lady put her head and foot in the Carriage saying, “Move over.” With no place to move I tilted up on one cheek With my legs – one atop of the other. Now my lady was climbing in full bodied and all To find that she too must sit on one cheek facing me With our knees knocking against each other. The driver shut the door as the lady said, “Abarth.” The horse sprang to life as the “La Grand Tour” began. Face to face, body to body this buggy ride was … How should I say it …. Wonderful…. And then I did the stupidest thing that I’d ever done. I opened my eyes to find the Remise empty - No carriages, no horses, no blacksmith and no ravishing beauty. Just an empty place to get in out of the weather. My heart sank lower than it had ever been before. What mind is this that can wander so ****** far from reality? A little tiny car whipped into the Remise and right in front of me It turned a half moon pulling up to me. I noticed the labeling on the front of the car – Fiat. The back windows were all blacked out. The driver got out coming toward me on the passenger side. As he opened the back door I asked him what kind of car this was. He said it was a Fiat Abarth and he hoped that I didn’t mind sharing the ride. As I bent over peering inside the driver said his name “Monsieur De La Desein” and sitting on One cheek in the back of this mutant automobile Was – that intriguing creature that I had just dreamed about. Carefully – more expertly this time – I crawled into The back – on one cheek – face to face As the Uber driver asked me, “Where to.” In perfect unison – we in the back replied “La Grand Tour please.” God, please don't make me open my eyes...*
0
Jun 3, 2017
Jun 3, 2017 at 3:35 PM UTC
La Grand Tour
*Having summoned an Uber I walked Into the Remise to await for its arrival. Unusual, the owners of this 1750’s building Had refused to knock down the Remise And as it was snowing and cold it sure was A comforting place to wait out of the weather. I imagined how it must of looked in its heyday Full of fine coaches and horse tack. For a moment I could smell a horse all bridled And strapped with new leather – something which Stirred up an agreeable sensation within me; I could feel the churlish beast chomping at the bit. Twiddling my thumbs as I waited I wondered if There were anyone left to construct such an ancient Horse drawn carriage or was there even anyone left Who could ever think of using it. But as oft I do I let my mind wander to Those good old days, though not one of which I knew. Closing my eyes, I swear that I could smell the oak fire Of a blacksmith’s furnace and I could hear the Gent solidly hammering out a new set of gaited horseshoes. In my minds eye I could see the Remise all Full of carriages, each hooked to a fine stead - What a grand sight it must of truly been. It was then that I felt a hand in mine and when I Turned toward the hand – to my wandering eye - I had a hold on the most intriguing creature that God Had ever given a man to hold, I dared not open my eyes. She looked into my soul and asked me, “Sir, which carriage?” At about 8 paces in front of us was what I suppose Was the best equipped of the lot and as its driver Stepped down and made his way toward me/us I noticed the lady was as taken with it as myself. So Monsieur De La Dessein – the driver – or at Least that was how he introduced himself, Then he asked me if we cared to take the Grand Tour. He led us up to the door of the chaise and as he opened The door I said, “This one will not do, It is hardly big enough for one.” The lady, without hesitation, pushed me toward the Door whispering, “Get in.” Upon her insistence I climbed aboard taking up All but about 4 inches of the seat cushion When the lady put her head and foot in the Carriage saying, “Move over.” With no place to move I tilted up on one cheek With my legs – one atop of the other. Now my lady was climbing in full bodied and all To find that she too must sit on one cheek facing me With our knees knocking against each other. The driver shut the door as the lady said, “Abarth.” The horse sprang to life as the “La Grand Tour” began. Face to face, body to body this buggy ride was … How should I say it …. Wonderful…. And then I did the stupidest thing that I’d ever done. I opened my eyes to find the Remise empty - No carriages, no horses, no blacksmith and no ravishing beauty. Just an empty place to get in out of the weather. My heart sank lower than it had ever been before. What mind is this that can wander so ****** far from reality? A little tiny car whipped into the Remise and right in front of me It turned a half moon pulling up to me. I noticed the labeling on the front of the car – Fiat. The back windows were all blacked out. The driver got out coming toward me on the passenger side. As he opened the back door I asked him what kind of car this was. He said it was a Fiat Abarth and he hoped that I didn’t mind sharing the ride. As I bent over peering inside the driver said his name “Monsieur De La Desein” and sitting on One cheek in the back of this mutant automobile Was – that intriguing creature that I had just dreamed about. Carefully – more expertly this time – I crawled into The back – on one cheek – face to face As the Uber driver asked me, “Where to.” In perfect unison – we in the back replied “La Grand Tour please.” God, please don't make me open my eyes...*
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Famed to have brought light into being, but dark, dark you are my friend, passing through me effortlessly, though I know there is an interaction: week, very week. Deep there buried somewhere in my soul was a throb heard, when every miracle that forms the chain of my life surfaces: and I've been searching for you. I thought you were beyond oceans, where sky meets, until my ship turned around at the horizon; I looked for you in the womb of terran vaults and then in the planets and the stars, and you have been collapsing fields and manifesting timelines so I proposer, meanwhile. You are not what I worshipped in image and then smashed it and sought in formless word. Every time I grasp you, you vanish, retreat, bubble-being, who knows what exists beyond this expanse we inhabit, these membranes and curled up manifolds, where in the knots I'm still searching; But before even this unfolds in full, I discover, it is all dark, darkness that holds these tiny galaxies of light in its densest folds; Magicienne, wave your wand, let us know beyond the dark and the illuminated, let us in, into the secret chamber of kinship.
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Apr 22, 2015
Apr 22, 2015 at 6:08 PM UTC
Fiat Lux - II