Giacomo Zucco: Bitcoin, banks, monopoly & tokens (I)
Crypto Voices
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Inflating and Betting Out Debt With Euro
The cantilon effect transfers money from the last spenders to the first spenders. In particular, you are using something called the cantilon effect. Bitcoin will be strictly worse than euro because euro is inflated right now. And I think it will be even more inflated in the future if they want to save it. If they want to try to save the euro, they will have to print a lot of money to bail out the saturday euro of hyper welfare states.
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