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0 sats \ 1 reply \ @joyepzion 12h \ parent \ on: The Cave of Money: Between Fiat Shadows and the Light of Bitcoin bitcoin
The fiat's backbone status is based on a forced monopoly and a history of manipulation
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0 sats \ 0 replies \ @kira OP 12h
Exactly. Fiat doesn’t dominate on merit, but because alternatives were banned or confiscated. A monopoly isn’t a backbone, it’s a cage
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