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Basics_02: Monetary History & The Rise of Bitcoin
Blue Collar Bitcoin
The Austrian Perspective of Capital Accumulation
Capital accumulation is infinitely better than wasteful spending, he says. It's bad for humanity and the economy because you're just effectively wasting that money. So having the population have this longer term perspective in a proper capital allocation is kind of the holy grail for how an economy should theoretically work,. at least from the Austrian perspective.
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