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42 sats \ 1 reply \ @bitcoingecko 11 Jul \ on: The USA cannot develop at the Speed of China. Here's why. Politics_And_Law
Yeah, centralized systems can do things quickly for sure. It's a bit like the other blockchains that are more centralized. Solana is fast but is more likely to fail. Unfortunately, the US is much less decentralized than when it started.
Yeah, Big Fiat has captured American democracy, and with it, the better nature of global economic activity.
Now things are a pretty mess and nobody knows who exactly to blame.
Fiat is Big Brother.
Not a person in particular, but controlling the narrative nonetheless.
Built up by systematically following pretty shitty systems of economic thought e.g. Keynesian economics.
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