The Cantillon effect explained:
- new money enters economy
- those closest to the money printer benefit first
- by the time it reaches you, prices already went up
- you got poorer
Bitcoin fixes this.
Non-custodial bitcoin means you’re not trusting anyone else to fix it FOR you.
- new money enters economy
- those closest to the money printer benefit first
- by the time it reaches you, prices already went up
- you got poorer
Bitcoin fixes this.
Non-custodial bitcoin means you’re not trusting anyone else to fix it FOR you.