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Wait, you don’t understand why hyperinflation is bad…?
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my question was, what advantage does a government have through bitcoin, if they have their own currency.
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that last section answers that question. Absolute power ends in destruction. Bitcoin is a life raft.
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for the people sure - but imo not for the ones in power. They got their power from printing money and dont really GAF about inflation.
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Tell that to Weimar
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or to Nicolas Maduro - hyperinflation since 10 years, still in office.
why? there is no power loss with a inflating currency you can print forever. look at Venezuela and the bus driver which plays their president, extreme inflation, still in office.