Global Feed Post Login
Replying to Avatar spoonman

So I’ve got an idea.

We say #Bitcoin fixes everything, which is an expression of the endless ways our societies would function better if we eliminated the Cantillon Effect.

I think this is reasonably met with incredulity.

A different strategy could be to identify one thing it fixes, that’s relevant to the conversation, and detail how stopping the money printing fixes that.

The idea is to convince people of the benefits, which leads them to the next question:

“Well… how can we stop money printing?”

Good question.

aa
Exodia38 1y ago

I don't think bitcoin can fix things. I think bitcoin can only bring to life things that can't be easily broken so we don't need to waste time trying to repair them again and again. This is achieved through the division of labor of society

https://mises.org/mises-daily/repair-replacement-and-division-labor

Reply to this note

Please Login to reply.

Discussion

No replies yet.