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by JumpCrisscross
1916 days ago
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> those of us who have adopted a BTC standard will have separated in prosperity levels from our fiat based peers within a generation or two What you’re describing is true of any asset that appreciates in value. The wealth confers power. That it is a currency is irrelevant. If the U.S. switched its legal tender to Bitcoin tomorrow, it would change how we borrow and spend. But it would be no more of a shock to the system than a balanced budget amendment on the Treasury and the Fed. (Less, in fact, since the U.S. on Bitcoin could still deficit spend.) |
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