"How could any financial system avoid being captured by those who already hold the most power and wealth? Won’t it just lead to the same unequal system again, only in a new form?” you might ask. The answer is as simple as it is powerful."
— Petter Englund
Will a Bitcoin-based economy simply perpetuate the same inequalities as our current system with the same elite dominating, or does it offer a fundamentally different paradigm? Can a system based on sound money actually reduce the influence of the wealthy and powerful, and incentivize the creation of real value? Dive into this thought-provoking article and Guy's rant to follow, as we explore the potential of Bitcoin to radically transform our economic landscape.
Check out the original article at Opting In: How Bitcoin Appeals to the Old System’s Deepest Flaw to Radically Transform It by Petter Englund (Link: https://tinyurl.com/3ej7s3zh)
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“All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.”
― Ludwig von Mises