Leo Fernevak on Nostr: Yes, for most people, staying and resisting CBDC's is the best option. Yet, it is ...
Yes, for most people, staying and resisting CBDC's is the best option.
Yet, it is also the case that since many individuals and entrepreneurs go where they are treated best, a greater game theory plays out where nations have to compete to keep capital, entrepreneurs and skills from leaving. This competition will benefit individual liberties and property rights, albeit may take years or decades to have an impact.
Both of these strategies are necessary and all we can do is choosing the one that aligns with our hearts. Italy is certainly beautiful, as well as large parts of Europe. If I stay or leave, I am still thankful for those that go where they are treated best. Their capital flight will put pressure on the authoritarian jurisdictions.
Yet, it is also the case that since many individuals and entrepreneurs go where they are treated best, a greater game theory plays out where nations have to compete to keep capital, entrepreneurs and skills from leaving. This competition will benefit individual liberties and property rights, albeit may take years or decades to have an impact.
Both of these strategies are necessary and all we can do is choosing the one that aligns with our hearts. Italy is certainly beautiful, as well as large parts of Europe. If I stay or leave, I am still thankful for those that go where they are treated best. Their capital flight will put pressure on the authoritarian jurisdictions.