Here is a good question to ponder: why has the “money” the world uses like USD been so successful despite proof of debasement? Is proof of debasability somehow a desirable property of “money” ...
I think you’re getting at the heart of the issue of the controller vs the individual
Fiat has some advantages if the people using it are smarter than those who aren’t ~ sometimes being controlled by one is better for all
Ultimately I don’t really agree because one’s knowledge can only extend so much without coercion
Minarchy under a Bitcoin standard is as far as I’d take it
:)
Fiat has some advantages if the people using it are smarter than those who aren’t ~ sometimes being controlled by one is better for all
Ultimately I don’t really agree because one’s knowledge can only extend so much without coercion
Minarchy under a Bitcoin standard is as far as I’d take it
:)
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