GM☕ #coffeechain
If in time it pans out that self sovereignty won't scale, is Bitcoin ushering in a caste system?
Of those who can access permissionless money, and those who can't?
Discussion
GM fren!
Gresham's Law states that bad money drives good money out of the economy. We build unrealistic scenarios because we do not take this law into account. In reality, governments will not act on any of our negative scenarios. They don't need to spend a lot of effort and money. It is enough to continue printing paper money. People themselves will prefer to store bitcoins and pay with paper money. Officials read our posts where we encourage each other to save bitcoins and not spend them. The officials are happy about this. We do all the work for them ourselves. They are quiet because they are afraid of scaring us. They just need to not lose their heads: not to accelerate inflation too much. We do everything else ourselves: we live the life of a sect and do not break unspoken rules. Bitcoin will not change the world. Only man will change it. And Bitcoin is only a tool.
GM ⚡☕🧡💜
STACK SATS AND STAY HUMBLE
Self-soveignty is in the mind. No one can give it to you, or take it away.