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0 sats \ 0 replies \ @orangecheckemail_isthereany 9h \ parent \ on: What's the most ridiculous and poisonous Bitcoin critique till date? AskSN
Wanted to change the phrasing of one of the point a little bit. I'll reprint the whole paragraph here.
The coordination function / information exchange function of money will be enhanced.
The direction of development of the economy will be decided by the people earning money in proportion to how much money they earn, not how much money they print.
The people who worked for the money will decide to what ends it will be used. I'd expect better results that way. Generally people take more care making decisions when spending their own money, not to mention they're the only ones with a moral right to regardless of who would spend it "better" (better according to whom? But again: stealing isn't right. Not even if use the money to buy things for the victim. Definitely not if you use it for yourself like a regular thief, or use it attack the victim further as often is the case with the biggest thieving mafia thugs AKA governments today)
Spending decisions will more closely track true preference hierarchies.
People will invest and spend when they truly want to, and not because they have to in order not to be stolen from.