I see your point 🙂. But unlike fiat, miners are decentralized, and anyone can run a #Bitcoin node and compete for the reward, without needing permission from any government or central authority.
Doesn’t that fundamentally change the dynamic?
I see your point 🙂. But unlike fiat, miners are decentralized, and anyone can run a #Bitcoin node and compete for the reward, without needing permission from any government or central authority.
Doesn’t that fundamentally change the dynamic?
Sure, it is a much fairer system.
My point is, that bitcoiners should be aware that bitcoin is not simply the opposite of the fiat system like lots of us believe.
It is IMO much more a fix to the system we live in.
Bitcoin still has inflation, but a fixed supply.
It has the cantillion effect but it has a smaller effect over the years.
It is too easy for fiat economists to "expose" the bitcoiners who have not done the work to understand money.
I coudn't agree more 🙂↕️