TheGuySwann on Nostr: It also seems like an odd thing to care about how it’s used. If something is ...
It also seems like an odd thing to care about how it’s used. If something is valued, of course people will seek ways to acquire more of it. And in fiat world, leveraging a bad money to acquire good money is extremely rational… in fact it’s arguably the most rational leverage one could use.
It’s essentially the dollar speculative attack, which has been discussed at length all the way back from like 212 or something. None of this is even slightly unexpected.
Published at
2025-04-27 16:22:15Event JSON
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