TheFockinFury on Nostr: That’s an absolutist view. If bitcoin truly replaces central banking then yes, what ...
That’s an absolutist view. If bitcoin truly replaces central banking then yes, what you describe is a likely side effect. I personally don’t see that as likely whatsoever. I think bitcoin will replace our payment rails, will provide a parallel avenue for storage of wealth, will serve as a check on inflationary tendencies in our economy, but it won’t fundamentally replace the state.
But again, my view doesn’t matter. Tick tock, next block.
Published at
2023-10-03 14:50:53Event JSON
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