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2023-03-18 21:07:35 UTC

brockm on Nostr: Reality is government's should not fear competitive private money like bitcoin, if ...

Reality is government's should not fear competitive private money like bitcoin, if they're a confident in their state-issued currency. I don't really take a position on the inevitability of the end of state-issued currency. I do take a position on the inventively bitcoin becoming one of the most important currencies in the world, and acting as a significant competitive monetary force in the world, which will change incentives dramatically.