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10 sats \ 7 replies \ @BitcoinIsTheFuture 16 Feb \ on: Stacker Saloon
We just checked out the National railroad museum. Hover huts came up about the Great Depression. May have mentioned to a few of the dads that fiat money printing was the real cause of the depression. Super timely that I’m reading the Bitcoin Standard.
Yes, it was. They did not learn from their experience in 1921, either. And even better, they are still doing the same thing at this moment. It is a feature of the Federal Reserve System, not a bug.
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Yup proof of work is a feature not a big!
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Yeah, but in this case the bug is just so damn big and unsquashable. I guess that is a feature and not a bug, too.
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Yup blows peoples mind when they finally figure it out. The other dads had lightbulbs going off. I mean the kids asked how much the trains cost to build and we all laughed when the instructor framed it in original and todays dollars.
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That is the dead give-away about inflation. Another dead give-away is that you can buy the same equivalent outfit of clothes as two thousand years ago with the same one ounce of gold. I guess we will be finding out about BTC, real soon now, too.
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Yup, I like our odds