one absolutely unprecedented consequence of bitcoin few yet grasp: communist revolution is now impossible
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history has shown that Kong’s are very good at creating belief and people are broadly not very interested in how their money works vs what it can get them materially, modulo some crises which were lagging indicators of social collapse
people don't have to understand what money is or how it works to believe in it
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we are making the same point but drawing opposite conclusions which I think speaks to differences in what we believe about people
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Rationalizations are not helpful. This is the most important experiment in human history, participate and observe.
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