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The fundamental purpose of Bitcoin is the separation of money and state. It's a very powerful idea that won't ever die. It's not a new idea, and has been propos
by Geee 4y ago
The fundamental purpose of Bitcoin is the separation of money and state. It's a very powerful idea that won't ever die. It's not a new idea, and has been proposed a long time ago by prominent economists such as F.A. Hayek [0]. Hayek believed that a government monopoly on money issuance has always caused more harm than good. Bitcoin is the first practical implementation of non-state money, and the successor to Hayek's ideas.
People come to Bitcoin for their greed, but they stay for the revolution.
[0] https://en.wikipedia.org/wiki/The_Denationalization_of_Money https://en.wikipedia.org/wiki/The_Denationalization_of_Money