This is spot-on mostly the reason why a lot of people don't like Bitcoin. Speaking from a direct experience of having marketed Bitcoin products to actual people.

The fixed supply solves one kind of unfairness, which is the world inflating away your money. I take Green to be pointing out that the moat builds against that counts as its own type of unfairness and temporal Cantillon. I think he’s right about that. One place where I would push back is the ide...

I’m not so sure he’s wrong. What’s interesting is that his argument against the ideology presupposes the investment case.

Yeah but buying Bitcoin with other peoples money on debt is nothing worth bragging about. Especially if you tend to buy tops for the most part. It's a terrible "Strategy".

Technically true, but you know what I’m getting at. Taxes kill mass bitcoin commerce adoption.