pearls before swine: Interestingly, there is also only about $10 trillion worth of gold around, and there's still people advocating a return to gold based money. So are the people advocating for these limited money supplies thinking we're just going to have a round of massive deflation, and then everything will be good? I'm guessing these advocates are also against fractional reserve banking (which would be impossible with a limited money supply?) because I'm sure they claim it causes inflation. So what's that future look like? The Middle Ages?

Economies are built for deflation. Companies build and invest in technology to compete with one another and over time, most consumer goods become commodities. Our current monetary system is built for never ending inflation. The two systems are at odds with one another. Deflation in a credit based inflationary system like ours is bad, not when the structure is built for it. There is an excellent book on the matter called "The Price of Tomorrow" that goes into this in depth. Having a fixed currency like btc allows for the natural economics to take place as then both systems are on the same page. Companies would be forced to compete to provide the most value to you, which over time, would lower prices over time.

Money at the end of the day is just a commodity like any other, but is used to facilitate indirect exchange. It should not be free to produce. Hello energy (which ties it to economies) and proof of work allows that to happen. Unlike current system that just sits on top and has no relational balance to the underlying economy. Whatever jackass politician wants to do, they just conjure it for votes, consequences be damned.

Our current model is not sustainable. High level math, 150-200T in unfunded liabilities in the next 20yrs, 10-100T for Green New Deal shiat, 1+T a year in interest expense ect on top of current defecits. It doesnt even include any new spend. If our tax receipts just grow at nominal avg gdp, we will only collect ~110T over that time. Where is that 200+T deficit going to come in the next 20 years? There is not enough wealth or taxes that can remotely cover that. That is why I laugh at all promises now from any politician. Every single one is so full of shiat. On all sides. The math fails.

I wouldnt want to be, idk, 45 or older right now as there is a non-zero chance this ship wipes you without enough time to recover in 20 years. So I am personally more than willing to take a flier on this as any dollar I put into it anyway will go to zero in terms of purchasing power in 30 years.

Another great intro read is "The Bitcoin Standard" that goes into great depths more so than I could possibly type here, it covers a lot of what you asked higher up in your post. It surprisingly doesn't talk about bitcoin much at all until the very. It mainly goes over qualities of money, and introduces bitcoin towards the end.

/As always, you do you, this is how I view it