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32 sats \ 5 replies \ @OT 22 Apr \ on: fate of pensions in small countires? econ
I think it depends on how well new tech replaces the retiring class. One thing for sure is the fiat currency will inflate away leaving the retires with less purchasing power.
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12 sats \ 4 replies \ @stack_harder OP 22 Apr
i think fiat might already be dead by then, either a btc standard or some kind of hard money standard
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14 sats \ 3 replies \ @OT 22 Apr
I seriously think that the Kingdom of Bhutan could distribute their sats to all their citizens and use it as a national currency. Only because they have mined so much. I think it's at least 1m sats per citizen.
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7 sats \ 2 replies \ @stack_harder OP 22 Apr
Bhutan is an interesting one, kind of like the micro strategy of countries
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5 sats \ 1 reply \ @OT 22 Apr
No
They simply mine it with excess electricity. Its like dollar cost averaging.
MicroStrategy are using financial instruments and leverage.
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54 sats \ 0 replies \ @stack_harder OP 22 Apr
i mean more in the sense that they're betting heavy on btc
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