”If the wealthy and powerful can use their wealth to buy Bitcoin, won’t they end up controlling this new system just like they dominate the current one?”
#soundmoney #bitcoin #inflation #nostr #grownostr #fiat #btc
Discussion
Doesn’t matter how much Bitcoin you have…doesn’t give you any more control of the system
That’s right! ✊
No, the system is controlled by monetary debasement where net consumers have the power. Under a fair money system only net producers have power, and only as much as they are net producers. If you hold all the bitcoin in the world it won't matter if you are a net consumer, you won't have the bitcoin very long.
Exactly right!🗽