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Remember Curt Richter's rat hope experiment?

The rat is the fiat system, bitcoin is the water.

The fiat system may live longer thinking it will overcome bitcoin to be saved but bitcoin eventually wins by drowning out the high maintenence technical debt, nevermind the decaying society when people finally have enough. The behavioral-sink experiments by John Calhoun show the decay in morality in the same rats when presented "utopia".

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BTcassblaster 2y ago

https://youtu.be/e9dZQelULDk

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