I’ve come around to the fact that all of our systems are broken. BTC will fix that over time. Having a proper secure savings account for everyone will be great.
Want to blow up a country? Government will have to beg you for money.
Discussion
Not as long as they control the money that pays for the wars.
I think we may see two monetary societies emerge.
1. #pow We the People (ie #btc )
2. fiat masters and slaves Fuax Elite (print/mint more)
The question becomes; even if people stop paying taxes and move 100% to #bitcoin and #proofofwork economy; does that in and of itself eliminate the Faux Elite risk?
Will hodling and using BTC be enough to stop the madness?
Their purchasing power will decrease over time :). One can only hope.
That’s my point though…
If they keep printing; it will look like Zimbabwe, Venezuela, Argentina, etc.
1 Trillion “dollar” notes…
Theoretically they can print into obvliion.
It won’t be until “we the people” stop transacting in it that it will matter.