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> But strip away the economic mysticism and here’s what “hard money” actually means: it systematically advantages existing wealth holders and disadvantages workers and debtors. It makes wealth accumulation easier and wage earning harder. It turns the economy into a game where those who already have capital watch it appreciate while those who work for wages watch their purchasing power erode. wait until @npub1hyqr...k7cp learns you can get paid in hard money
jb55's avatar jb55
Bitcoin is for fascists.
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tell that to the conference room i’m currently in full of african bitcoiners who are using bitcoin to escape inflation and financial tyranny from their countries run by dictators. they are using bitcoin to increase their freedom. To most people in the world more fiat is just more repression and less freedom. you must not care about that since it sounds like you are in your privileged position that doesn’t need a bitcoin solution.
In reality it's just the opposite, where inflationary fiat capital is disproportionately accessed by the richest at the expense of everyone. Hard money stops the large scale theft.