None of that value can be provided without the monetary policy. You think Proof of work means anything at all if the bitcoin unit that incentivizes it can be arbitrarily created?

Monetary policy may have been last on your mind, but none of what you are concerned about exists *witjout* that secure monetary policy.

Again, not understanding it doesn’t change the fact. This is axiomatic to how #Bitcoin accomplished literally anything it does. It would be like saying you don’t care about TCP/IP because you only want to use the web.

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