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>Look up % of world population living in hyperinlationary environments to get your answer. The post-debt driven economy is one where a handful of people cannot
by NoticeMeSenpai 4y ago
>Look up % of world population living in hyperinlationary environments to get your answer. The post-debt driven economy is one where a handful of people cannot devalue your labor with a press of a button.
Ok so lets say the production costs increases and drives inflation. How does bitcoin make my life easier in this scenario?
- jkepler 4y agoAccept bitcoin for your products and services, and when you run your books, look at it from the perspective of bitcoin to see if you're profitable or not, even if you legally still need to keep your books in your local government's currency. The dollars (and the other fiat currencies) inflate too quickly to be useful monetary measures.