Global Feed Post Login
Replying to Avatar gladstein

The currency caste system:

A very small number of rich countries print high-quality fiat (for now) to buy stuff while the overwhelming number of countries can’t and instead have to export stuff *we* want (instead of focus on making stuff they need) to earn high-quality fiat

This currency caste system ensures that most countries never develop sovereignty and instead grow dependency

But! This caste system is completely upended if all countries and people eventually settle in the same global neutral currency that no one state or group of states can print arbitrarily

This is the ultimate promise of Bitcoin: ending the global monetary inequality that enriches a tiny few by causing needless suffering for so many

Avatar
Kaizen 2y ago

It stands to reason then that the tiny few will do whatever they can to maintain power and to go against this new paradigm shift.

Reply to this note

Please Login to reply.

Discussion

Avatar
Harry Manback 2y ago

Which they are already doing for ages. Look at Niger, Ukraine and all other war torn countries… they are almost all the provoked by the same players…

Thread collapsed