What is Nostr?
DB
npub1s0c…dm3l
2024-09-05 12:48:31
in reply to nevent1q…npcf

DB on Nostr: Your starting assumptions are off a bit. For example if the US Gov would put all its ...

Your starting assumptions are off a bit. For example if the US Gov would put all its power and fiiat privilage to buy #bitcoin they'd be lucky to get a few percent. There is no small number owning 25%. Its already beyond that kind of concentration. Due to its pseudonymous nature you never really know if any entity still control keys or have lost them in an unfortunate accident 🌊 or to an irresponsible grandchild. Death is real so all coins eventually change hands or are lost forever. But yes, generally Austrian ecomics win out in time eith regards to economic distribution.
Author Public Key
npub1s0cpspspw807uyttqals7325w2mtdhje4068xzv5qg4ldunaz6lqnkdm3l