The biggest difference in my opinion is the government can’t print more bitcoin so they are still limited in how they spend and acquire more. Being open network anyone (individual, institution or gov) can enter or exit the network or their own free will this is also not the case with fiat. There is no perfect way to distribute a new form of money but bitcoin has a fair way in the fact that the rules of the network apply equally to all participants.
Discussion
Your right. They can't print more bitcoin, but they do control other factors like inflation, taxes etc that will pressure individuals to sell their bitcoin over time is my guess.
And they'll just use the money printer to scoop it up.
Also. Thank you for that zap yesterday.
I fell asleep before I saw it.
My son thanks you for being able to have organic fruit and yogurt for breakfast today opposed to chemical cereal. 💜🫂
🫡
I meant what I said I believe in you buddy
Glad you spent it on a healthy breakfast on your son, you’re a good dad. Keep your head up!
Their ability to print to buy is definitely a concern and I would also love it if individuals had more time to accumulate before government get a bag but reality is hardly ever ideal and I still think that the fairness of bitcoin will still be net better for society then the current fiat cesspool of crony capitalism and distorted market pricing and manipulation. I don’t think that bitcoin magically makes everything a beautiful utopia but I think it will cause gradual improvements.