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by imtringued
1619 days ago
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Yeah and in that sense it is basically the same as gold. Gold is a tool to entrench power. Bitcoin is a tool to entrench power. Conventional fiat currency is also a tool designed to entrench power. All of these so called "scarce" currencies achieved exactly what they were designed for. The ideal that Bitcoin lets you escape the current financial dogmas is completely wrong, it's a parody of the existing system. Something like Freicoin would be more appropriate as an alternative, e.g. an "abundant" currency that always makes itself available to anyone who wants to trade. |
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