3 ms·

Non-sequitur olympics, here I come.

• arcticbull 6y ago
  Nope you’re not understanding my point and that could easily be my bad. That’s part of what inflation does. It allows the monetary system to react to shocks and changes like population growth and global pandemics. Deflation without creation of monetary units benefits the existing concentration of wealth as you and your children get to fight each other for scraps. These pieces are all connected. This system will lead to the existing moneyed class of coiners becoming more and more wealthy as a function of economic productivity forever.
  • ChainOfFools 6y ago
    >This system will lead to the existing moneyed class of coiners becoming more and more wealthy as a function of economic productivity forever. This, along with depriving The Great State-an of a means to operate an effective revenue collection system, has been the real objective since the beginning. Decentralization has never been anything other than a mantra, a fig leaf to be casually dropped when no longer useful or credible. "Hyperbitcoinization" means never having to say you're sorry for selling a fraud to 'the masses'