I agree that hyperbitcoinization may or may not happen. Disagree with Mike Brock however re: fiat benefits and that official CPI numbers are a good proxy for the complex reality we live in.
I don’t think reckless risk taking, due to cheap money, by the VC and cantillionaire classes is a prerequisite for human flourishing.
As far as I’m concerned, the fiat experiment has failed. It’s time for a change.
#plebchain
#bitcoin
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#forthekids