1/ Bitcoin will usher an era of unprecedented peace and prosperity.
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That is “altruistically letting their power be eroded”. I don’t see why this is a given. They have already beaten the system, they are the system.
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They’ll still own most of the real estate and productive businesses. It’s only the monetary unit that we are changing here. Which I still think is going to have profound effects.
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Agreed with most of what is written except rather than the monetary unit being changed here, we are going to produce a slew of transparency features across industries coupled with products, services and goods providing a fair life to all.
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^agreed, but the first step is the Reinvention of Money
End of conversation
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can't they print usd 200 bn and buy cryptos? that would cause crypto inflation as well
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If the rich were to do this, then wouldn’t the end result just be an even greater concentration of wealth than we have today?
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