In sum, freedom can run a monetary system as superbly as it runs the rest of the economy. Contrary to many writers, there is nothing special about money that requires extensive governmental dictation. He, too, free men will best and most smoothly supply all their economic wants. For money as for all other activities, of man, “liberty is the mother, not the daughter, of order.”
This is why Bitcoin, in the supply that it has, is enough to supply the money needs of everybody everywhere without expanding.
Cash is critical
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Yes, critical, but the supply can be any size and still be adequate. Increasing the amount of money in circulation doesn’t help anybody, especially if done quickly.
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agree
I should have added cash is critical for privacy and freedom
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I think that privacy is the largest incentive to use cash in an electronically driven society! Do you know the saying, “I only take cold, hard cash”? It speaks to metallic objects in hand. BTC are good, too, but BTC is hard to hold in your hand. :)
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Totally agree
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