Austrian vs Keynesian debates are not my thing.
Good question to ask @saifedean or @stephanliverahttps://mises.org/library/deflation-and-liberty-1 …
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Which are a Randian nightmare the way everything else about Bitcoin is I cannot emphasize how hilariously dystopian it is that rather than a fixed transaction fee you negotiate with a *gasp* centralized middleman institution, Bitcoin fees are a fucking *auction*
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Having to *compete* with everyone else trying to get their transaction completed in a reasonable amount of time to *bribe* miners to process your block first Uber surge pricing, but for *being able to transfer money at all* An idea only a true libertarian could love
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*enormous* you have literally no idea. Bitcoin is magnitudes cheaper, faster and safer than an international bank wire. For anything else there is L2https://twitter.com/JackMallers/status/1346866335536582656 …
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"L2" is a word you can apply to anything, like "fairy dust" Theranos blood tests may not actually work in L1 but wait until they hit L2
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