Jun 14, 2021
This is brilliant. There are many downsides to Crypto/BTC but most are either hard for non-technical or non-economic-fluent people to understand. And, for those who are benefiting from it, the other moral downside --the undermining of western liberal democracy-- is something people can relativize if they believe are going to be rich.
But most of all, this completely undermines the Libertarian/Austrian-Econ "moral outrage" directed at "inflation".
Absolutely brilliant. I will be borrowing... from your insight.