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by markyc 1951 days ago
that ship has sailed long ago. it is now seen as a replacement for gold and a hedge against inflation
1 comments

It was always a hedge on inflation. The genesis block message: https://www.investopedia.com/terms/g/genesis-block.asp

Nakamoto instilled within the Block's raw data: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."

So basically the entire premise is undermining confidence in the existing system of capitalism and Democracy.

"Your money isn't safe in banks", and a healthy dose of making it easier to launder money.

Pretty sure the existing system of capitalism and Democracy is undermining confidence in itself.

Bitcoin just provides a hedge.

Bailout for banks has nothing to do with either capitalism or democracy, as far as I understand.
Capitalist democracies produced the bailouts. Or maybe bread lines have nothing to do with authoritarian communism?