The reason a few people have achieved such domination of others is because they money is hijacked. Bitcoin fixes this. Just because this is all we have ever known does not mean it will always be this way.
"I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop."
Hayek ftw
I understand all that and I know Mises's quote. My thesis is laid out in my note above. You don't agree with it, which is perfectly fine. But I think it's a complete note, so I don't have much to add to it once the conversation enters the "we just don't agree" phase.
Oops, Hayek, not Mises.
Sure. something worth mentioning is that I didn't think hyperbitcoinization means a complete collapse of the current system.
Friedrich Hayek
and yes, they can make a new, promise we won't hyperinflate it to hell, currency to continue their debt financing of government, and try to force people to use it
it all really depends on how well the lessons of Mises and Hayek manage to spread this time around, for sure bitcoiners never stop talking about it
