Dan on Nostr: The world's new NUETRAL Reserve Asset, with soveriegn currencies based on that ? ...
The world's new NUETRAL Reserve Asset, with soveriegn currencies based on that ?
Imagine having NO one large county bearing the pressure and expense of having the global Reserve Currency. HAVING a truly neutral Reserve asset could give the world the benefit of a "Gold standard", but 100 times better.
Many politicians will say having the reserve currency is a powerful benefit, but they are dead wrong in the long term. Having the global Reserve Currency always leads to destruction. It leads to destruction because printing the appropriate amount of money to serve the world's needs is absolutely impossible. And because it can't be done right it always leads to horrible imbalances leading to social and economic horrors for various peoples
BITCOIN will be the NEUTRAL world reserve Asset, and the world will benefit in ways we can't fathom.
Published at
2025-02-05 22:07:56Event JSON
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"content": "The world's new NUETRAL Reserve Asset, with soveriegn currencies based on that ? \nImagine having NO one large county bearing the pressure and expense of having the global Reserve Currency. HAVING a truly neutral Reserve asset could give the world the benefit of a \"Gold standard\", but 100 times better. \n\nMany politicians will say having the reserve currency is a powerful benefit, but they are dead wrong in the long term. Having the global Reserve Currency always leads to destruction. It leads to destruction because printing the appropriate amount of money to serve the world's needs is absolutely impossible. And because it can't be done right it always leads to horrible imbalances leading to social and economic horrors for various peoples \n\nBITCOIN will be the NEUTRAL world reserve Asset, and the world will benefit in ways we can't fathom. \n",
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