Replying to Avatar The 4str0n4ut ⚡

#gm #Nostr!

The Cantillon Effect only exists in a fiat world, where those closest to the money printer get richer while everyone else gets poorer. #Bitcoin’s decentralization is the greatest weapon against this inequality.

Keep stacking, stay sovereign, and let’s build a fairer world, #plebs!
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All the Time High 11mo ago

Not 100% correct, the cantillion effect was discovered on a gold standard.

Even Bitcoin has a cantillion effect, because the miners do get the new money first. Of course over the long run with the halvings the impact gets smaller and smaller until 2140.

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The 4str0n4ut ⚡ 11mo ago

I see your point 🙂. But unlike fiat, miners are decentralized, and anyone can run a #Bitcoin node and compete for the reward, without needing permission from any government or central authority.

Doesn’t that fundamentally change the dynamic?

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