1/ Bitcoin will usher an era of unprecedented peace and prosperity.
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1. Yes. Same applied, it doesn't mean it necessarily needs to continue to apply - different worlds since the concepts were created imply different mechanisms can surge. That's the beauty of Bitcoin, it's making economics sexy again 2. Bitcoin changes nothing in regard to that
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So why is it so important for the future generations to be able to “buy like the current one” like you mentioned above? The point of Bitcoin is uninflatability, unseizability, censorship-resistance, possibility for capital accumulation without dilution. Not solving inequality.
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Because that means Bitcoin won't usher an era of unprecedented peace and prosperity
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Hugo you desperately need to read The Bitcoin Standard.
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I'm reading and then gonna write a rebuttal :p
End of conversation
New conversation -
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2) ...while at the same time lying about the level of inflation.
#ShadowStatsThanks. Twitter will use this to make your timeline better. UndoUndo
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1) Capitalism creates a deflationary economy, in which competition and the division of labor (increased productivity) result in declining prices for goods and services. The FED steals these gains, PLUS 2%/yr if they hit their 2% inflation target...
Thanks. Twitter will use this to make your timeline better. UndoUndo
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