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0 sats \ 1 reply \ @jgbtc 5h \ parent \ on: IMF and El Salvador bitcoin
I agree 100%. Central planning always fails. Only bottom up, organic adoption will have any success.
Is that why China has risen to be the largest most productive manufacturing economy in the world?
Free markets are always subservient to nation states and nation states and their ability to organise the resources and power projection of their jurisdiction are crucial to the wealth of all nations.
The primary reason the west has been so successful has been its success in power projection and resource hegemony which mostly occurs via the strategy and imperatives of the nation state.
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