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There's nothing stopping an asset of increasing scarcity becoming a currency, providing the government isn't able to suppress it. In fact, it would have an ext
by npoc 3y ago
There's nothing stopping an asset of increasing scarcity becoming a currency, providing the government isn't able to suppress it.
In fact, it would have an extremely strong chance of doing so due to it's better store-of-value qualities that would cause weaker currencies to flood the market and go to zero as people transferred their wealth into the harder money.