31 sats \ 1 reply \ @SimpleStacker OP 21 Oct \ parent \ on: Minneapolis Fed Bitcoin Paper | Article Review BooksAndArticles
Personally, I think this paper will make it easier to orange pill.
You can literally tell people that economists at the Fed proved Bitcoin prevents indefinite government deficits. (The word "prove" is with heavy caveats of course)
If the person you're talking to is inclined to distrust persistent government deficits (as most peace-loving people should), this is a positive for Bitcoin.
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21 sats \ 0 replies \ @Cje95 21 Oct
Agreed! The use of BTC here as a non government controlled and capped quantity wise is huge. I agree this paper seems to delve into the theoretical more than anything and while I get it sounds scary that the Fed is doing research into this like you said it shows the Fed is waking up and paying attention.
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