Replying to Avatar BoomTown

ETH is meant to be a confusing alternative to bitcoin used to keep the masses of doing what is otherwise obvious: save their productivity in bitcoin.

I have recently finished reading Ways and Means, a book on how (mostly) the North financed the Civil War. The Treasury had a similar fight against gold investors. There are all sorts of tactics they used to convince the public to buy government bonds instead of gold.

History doesn’t repeat but it often rhymes.
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Cody 2y ago

Sounds like an interesting book. Civil war is a touchy and almost off limits subject to most people.

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BoomTown 2y ago

I highly recommend it for ALL American bitcoiners. The Civil War established a lot of important precedents rooted in “needs.” Many of the government financing tactics we’re familiar with today are derivatives of what they created from 1861-1865.

It also helps ground some of the concepts we’re trying to explain to skeptics in real history that many of them are at least familiar with.