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17 sats \ 1 reply \ @seashell 11h \ on: What do people mean when they say Bitcoin bond? bitcoin
Has anyone actually modeled the long term incentive misalignment of governments issuing Bitcoin backed debt while still having control over fiat printers? like why wouldn't they just rug the fiat side once they’ve stacked enough sats?
Would that be doing a speculative attack on their own currency?
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