Joseph H Sadove
Jun 14, 2021

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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.

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