During 'good times' politicians keep on misusing this tool to indulge their populist agenda or simply because of its inefficiency and inability to spend less or equal the amount of taxes they stole from us. Ok, I allowed my libertarian ancap side surface for a second, let's go back to the topic. I think it's pretty clear for Bitcoiners that in these times sound money is better money.

I just want to debate the 'bad times' with reasonable Bitcoiners to think how we (the human kind), can better prepare so that we don't need to fallback to easy money again.

cyphercosmo

True. But imagine if it was applied programmatically on a triple-entry ledger. A Bitcoin like CBDC but without lizard people calling the shots.

I’ll see myself out…..

halalmoney

bitcoin

Alternatives to debasing the currency in difficult times

That's literally the Keynesian prescription. We've seen the fatal flaw in it already: they never do the saving part, because there's no objective criteria for determining when things are good and they always want to spend more.