Credit is just a rudimentary way to double-spend forever.
Discussion
Worst part is there is another party involved (central bank) that produces no value, earning interest from nothing that they can then convert to real wealrh already produced.
Credit is just a rudimentary way to double-spend forever.
Worst part is there is another party involved (central bank) that produces no value, earning interest from nothing that they can then convert to real wealrh already produced.