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by bee_rider 1619 days ago
Inequality can be measured by non-state entities, and would seem to provide (for example) useful signals to investors about the health of the ecosystem. I think bitcoins/cryptocurrency are largely bullshit and agree that their value proposition mostly comes from the promise to avoid regulation. But we shouldn't pretend that it is impossible for markets to do any sort of introspection without the force of law behind it. And in the case of bitcoin, they do at least know which wallets own which coins, right? Seems easier to track than cash.