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Government overspending creates sovereign debt.

Sovereign debt leads to artificially low interest rates.

Artificially low interest rates create asset inflation.

Asset inflation widens the wealth gap.

Increasing wealth gap leads to populism and endangers property rights.

Property rights are essential for the existence of a market economy and civilization, since it is the only solution to avoid conflict over scarce goods.

#Bitcoin is the only property which is safe against the political dangers of a expropriation of private property.

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NOPUMPFAKEZ‼️ 2y ago

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