Join my Bitcoin University email list:https://www.bitcoinuniversity.com/email-listIn 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.Where to find me online:https://x.com/mattkratterMy npub:npub1s33sw6y2p8kpz2t8avz5feu2n6yvfr6swykrnm2frletd7spnt5qew252pNostr clients:https://damus.io/https://play.google.com/store/apps/details?id=com.vitorpamplona.amethyst&hl=en_USUS dollar keeps losing purchasing power:https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpgExamples of government waste:https://fee.org/articles/7-ridiculous-examples-of-government-waste-in-2023/https://www.heritage.org/budget-and-spending/commentary/wasteful-government-spending-adds-and-all-us-pay-the-priceI 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 #government #taxes Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=ssf7Iswwiz0