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> you have the responsibility to participate in keeping the fraudulent and incompetent out of your democracy. As a person who lived through the Zimbabwe crash,
by zamalek 4y ago
> you have the responsibility to participate in keeping the fraudulent and incompetent out of your democracy.
As a person who lived through the Zimbabwe crash, this right here was the problem. People voted to throw out the tyrant and he "found the votes he needed." This economy is reeling from all the money that the previous administration printed (which was precisely what started the snowball in Zimbabwe).
What is lost to the crypto crowd is that sometimes "what is good for me" is not always "what is good for us." Voting yourself more money is very good way to contribute to a collapse (as Charles Munger points out[1]). This seems lost to the generally active votebase, too.
[1]: https://youtu.be/GNTczyGLdhc https://youtu.be/GNTczyGLdhc