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by hardmoney99
1464 days ago
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>Sorry this is all too vague. How do you define "broken" and what does this post-debt-driven economy look like? Look up % of world population living in hyperinlationary environments to get your answer. The post-debt driven economy is one where a handful of people cannot devalue your labor with a press of a button. > Whats the use case here exactly?
Freedom from corrupt governments that debase your currency into oblivion, only to adopt another currency which suffers from the same ultimate fate. Financial inclusion is the use case. It's broad, it's ambitious and ultimately to entrepreneurial interpretation. |
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Bank deposits go to 0 though, as would most savings that did not grant control of some inflation-resistent revenue-flow.
Anyway, true hyperinflation is extremely rare. The most recent case I'm aware of, was Venezuela around 2013. To my knowledge, 0% of the pupulation lives under true hyperinflation today.