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2026-05-03 13:06:08 UTC
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Rich Nost on Nostr: In Satoshi's white paper forum post, he cites the trust needed in banks and ...

In Satoshi's white paper forum post, he cites the trust needed in banks and government not to debase the currency as a major reason for bitcoin's existence. That is really the only solid piece of evidence that it is a relevant topic baked into bitcoin's DNA.

Interestingly, all subsequent posts about the mechanisms that prevent debasement were justified with practical reasoning, though; not references to Mises or all-caps rants about the federal reserve.