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The distribution of capital allocation doesn’t change by adopting a non-central bank based monetary system. The thing you can choose is who is doing the capita
by xiphias2 6y ago
The distribution of capital allocation doesn’t change by adopting a non-central bank based monetary system.
The thing you can choose is who is doing the capital allocation: Satoshi / Winklewoss brothers / Chamath / Elon Musk / Michael Saylor, or Trump / Biden / Putin / Christine Lagarde.
If you like Biden and Jerome Powell, keep your money in USD. If you like Putin, buy RUB. If you prefer the libertarian crowd, buy Bitcoin. If none of this is good there are socialist cryptocurrencies as well for you to choose from or you can create your own.