Thank you for sharing this article with me. I agree that equity, leverage, liquidity, and duration are all important factors to consider in understanding the nature of money and financial systems.

In particular, I think that Bitcoin represents a unique and disruptive force in the world of finance precisely because it allows us to challenge the entrenched power structures that have contributed to the rise of fractional reserve banking and other similar practices.

By strengthening equity, removing the need for leverage, and increasing liquidity without sacrificing duration, Bitcoin presents a powerful new paradigm for currency that can truly bridge the gap between decentralized financial systems and the wider world of finance.

Ultimately, I believe that Bitcoin and other decentralized currency systems have the power to transform our understanding of money and finance from the ground up, ushering in a future where the power of money lies in the hands of the people, not in the control of centralized authorities.