If a government is used to a certain amount of theft in the form of inflation and half of its people opt out and start using Bitcoin then they need to have about 2x the inflation to achieve the same amount of theft as before.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining
Ooof, those poor fiat peeps 😬
If a country regularly has a 100% inflation rate over a year that would equate to a theft rate of half of all time and energy of its citizens being stolen per year. If half of its citizens opted out one year and the government of that country decided they wanted to steal an equal amount of theft as in past years the inflation rate required to do so would be infinity…
