scalebar on Nostr: Last year, npub1xeeje…uz3mx posted an interesting thesis drawing a connection ...
Last year, npub1xeejes6lu4scttcmzytq5wfad3e6rljpmhc3snqs89xz3jjavfasnuz3mx (npub1xee…z3mx) posted an interesting thesis drawing a connection between the post-2008 money printing and relative enrichment of Dem congressional districts. A clear example of the Cantillon effect in action. Bitcoin's recent emergence in the US political spotlight is initially being embraced by the right and hesitation (or outright hostility) on the left.
If this trend continues and a clear separation becomes entrenched, could this translate into the inverse effect? I suspect over the next decade or two, those on the right would be (on balance) more likely to save in Bitcoin, benefitting from its appreciation and returning wealth to those who adopt it.
Thoughts?
If this trend continues and a clear separation becomes entrenched, could this translate into the inverse effect? I suspect over the next decade or two, those on the right would be (on balance) more likely to save in Bitcoin, benefitting from its appreciation and returning wealth to those who adopt it.
Thoughts?