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So if bitcoin didn't exist we would be condemned to eternal decay induced by the system itself. If bitcoin didn't exist I wouldn't even be writing these lines. And of course if bitcoin didn't exist we couldn't be optimistic about the future.
yeah, truly. I'd be much less optimistic without this escape valve. (But, contrary to that, I'm pretty convinced that something else would emerge to help us navigate the "eternal decay")
I'm pretty convinced that something else would emerge to help us navigate the "eternal decay")
I understand your optimism, but I find it quite difficult that there would be another one similar to Bitcoin, with all its benefits and advantages.
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Sorry, I meant in the absence of bitcoin. We'd eventually get to a place where something would help
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Ok, and tell me more or less what you think it could be? or how it could be? Until there was nothing capable of helping us preserve value, something within everyone's reach and that would concentrate all the good properties that Bitcoin offers us.
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System was/is unsustainable; something had to give. Milei-style overhaul, Bukele-type crackdown, central banks re-acquiring gold, democracy overhaul etc.
Saif used to say things like "the greatest threat to bitcoin's success is countries going back on a gold standard."
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