Just wanted to share what is admittedly a very long, but i think very powerful, quote from Hass McCook (@FriarHass):
>”I view bitcoin for what it actually is – the largest charitable movmement in human history. It literally fixes everything. You care about the whales? Not the financial whales – the mammals, the ones in the sea? Well, you donate to Greenpeace or whatever. You want to save the kids? You donate to like the kids charity. But, if you want to just save everything in one fell swoop, who do you donate to? You just donate to bitcoin.
>It’s one of the very few charities you can donate to who don’t take custody of donations, completely decentralised, you get wealthy for donating and you fix the world. Like it’s an extremely beautiful thing
>I like to say I hate saying money is wasted on charities because good charity is never a waste, but the literature shows that at least 40% of money donated to charity goes to overhead. So it’s just wasted.
>The market will allocate capital efficiently. You have a look at how good charity will be once bitcoiners are properly rich for example. The main priority, and I know it’s hard and I sound very heartless, but the kids have been starving for 50 years. So you’ve gotta just, i’m sorry, they’ve just gotta starve for 5 more years, you focus on bitcoin and bitcoin only and I promise you they won’t starve anymore. That’s all i’m trying to say – We’re giving money and still not fixing the problem and the problems are only getting worse. The problem is structural and we’re doing symptomatic treatment. Unless the fiat system goes, no charity can be 100% effective
This was from the recent Stephan Livera podcast discussing DCA:[https://stephanlivera.com/episode/288/](https://stephanlivera.com/episode/288/)
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