bquittem on Nostr: Monetary systems fail because either: 1- Political capture (greed leads to ...
Monetary systems fail because either:
1- Political capture (greed leads to debasement)
2- Technological advancement (fiat outcompeted gold)
Bitcoin solves both.
It's the most resistant to political capture AND it continually improves itself over time.
Published at
2023-01-07 20:48:22Event JSON
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"kind": 1,
"tags": [],
"content": "Monetary systems fail because either: \n\n1- Political capture (greed leads to debasement) \n\n2- Technological advancement (fiat outcompeted gold) \n\nBitcoin solves both. \n\nIt's the most resistant to political capture AND it continually improves itself over time.",
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