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Great point about how loans and interest have been around before capitalism. Helps to clear some of my mind clutter haha
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Great point about how loans and interest have been around before capitalism. Helps to clear some of my mind clutter haha
Sigh. What's currently called capitalism is basically a planned economy through monetary policy plans and control. Bitcoin is about freedom. Capitalism needs freedom.
But back to your original question. Hard money and rent seeking behavior are not opposed. For example loans and interest existed before the fiat system and under capitalism.