1379 sats \ 1 reply \ @TheBTCManual 10 Oct 2023 \ on: Why should every country have its own money? bitcoin
having your own fiat was a scaling solution for gold in the beginning, so you hard a hard money and you backed it with your paper redemptions, the scaling solution just got so out of hand and they kept breaking the consensus to increase the money supply because that's easier than producing value to recycle the current capital
Countries don't trust each other, and even within countries, we've seen over the years how they fragment so they can have their own currency, soviet union is an example.
British empire is another example, South Africa used to be on the GBP, might have been better for us, having no control over our fiat locally since we blew it to shit faster than GBP but hey we wanted control within our boarders to steal from our citizens
Bitcoin allows none of us to trust each other, thats the game changer
Bitcoin allows none of us to trust each other, thats the game changer
THIS is a key point
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