Great way to think about it. Almost as if value was in equilibrium and it’s shifting back into the hands that see where the monetary system is heading.
I’ve been recently thinking about the greater Cantillon effect for all of us as Americans. After all, no matter how far away from the money printer any American is, we’re still much closer than most of the world. This lets us buy much more Bitcoin than anyone outside of the US with a comparable standard of living. Even as Bitcoiners, we benefit disproportionately from the dollar system. As much as we’re able to get back the value we’ve lost, are we also continuing to siphon value from the rest of the world? Or is that naturally going to continue to happen until we see much wider Bitcoin acceptance?
Any thoughts?