Damus
BTC_Matters · 77w
3. Elites can escape these intentional devaluations through their privileged access to sophisticated financial investments and private property rights, but most people are forced to hold savings in de...
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4. Inflationary conditions are also correlated with a lack of freedom and property rights around the world, as governments constantly abuse the unchecked power granted to them by their monopolistic ability to print new ‘money’ at zero cost. 4/10
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BTC_Matters · 77w
5. Modern digital technologies and networks have given governments new tools to surveil, control and punish dissenters, and this will increase as money becomes more centralized and digital through the introduction of Central Bank Digital Currencies (CBDCs) and the elimination of cash. 5/10