Prices are exchange ratios not more, the only problem is that currencies are state monopolies. Just remove the monopoly on money, this includes BTC maximalism.
Bitcoin maximalism isn’t monopoly. It’s common sense. That’s like saying everyone having the same free speech is a “human rights monopoly.”
Money has the most powerful and most convergent network effects of anything in an economic system, because it’s what *defines trade* in that system. If a society uses a different money, it’s more accurate to call it a separate society than a different part of the same one. This is why one can be viciously poor, unproductive, and industrialized, right next to a modern economy in the internet age.
If sound money is to bring the world together and offer a genuine foundation for a free market society, it will be with *one* monetary base, to the degree that it can sustain and garner trust in its radical neutrality and immutability.
Money has the most powerful and most convergent network effects of anything in an economic system, because it’s what *defines trade* in that system. If a society uses a different money, it’s more accurate to call it a separate society than a different part of the same one. This is why one can be viciously poor, unproductive, and industrialized, right next to a modern economy in the internet age.
If sound money is to bring the world together and offer a genuine foundation for a free market society, it will be with *one* monetary base, to the degree that it can sustain and garner trust in its radical neutrality and immutability.
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