Cantillon effect: all the new money is issued to wealthy insiders who completely control the money issuance policy.

Proof of stake: all the new money is issued to wealthy insiders who completely control the money issuance policy.

- nostr:npub1mz704n7dsaw3jcj3kr5le45n97tqughyt5lxe3yv3xy3025hv3dsp5tl8g

#BitcoinTwitter

Reply to this note

Please Login to reply.

Discussion

Bitcoin - temporal seigniorage, but on steroids