Inflationary currency (#USD) primarily benefits the government, which maintains it.

Deflationary money (#Bitcoin) primarily benefits the people, who maintain it.

"Show me the incentive and I will show you the outcome."

- Charlie Munger

Reply to this note

Please Login to reply.

Discussion

good morning, Dr.!!

incentives are everything in this life.

Accurate. 🤝

If only we could incentivize human flourishing