Nicholas on Nostr: Transactions do not negate Bitcoin’s value as money outside traditional control. ...
Transactions do not negate Bitcoin’s value as money outside traditional control. Also, the State is not a monolith – it consists of various entities with different goals and levels of influence. Assuming uniformity in government action oversimplifies reality. It is worth considering these nuances when evaluating Bitcoin’s role and value.
If we consider the regime's control of the money supply, which, through inflation, funds foreign wars and expands the regime's control, the contrast between Bitcoin and fiat currencies becomes stark.
Published at
2024-08-31 12:39:37Event JSON
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"content": "Transactions do not negate Bitcoin’s value as money outside traditional control. Also, the State is not a monolith – it consists of various entities with different goals and levels of influence. Assuming uniformity in government action oversimplifies reality. It is worth considering these nuances when evaluating Bitcoin’s role and value.\n\nIf we consider the regime's control of the money supply, which, through inflation, funds foreign wars and expands the regime's control, the contrast between Bitcoin and fiat currencies becomes stark.",
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