7 - Ether’s Value Mechanisms
Bankless
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Monetary Policy and Crypto Duality
This chapter explores the consequences of government money printing and the Cantillian effect, emphasizing how bailouts favor large corporations while sidelining smaller businesses. Additionally, it delves into the relationship between Bitcoin and Ethereum, advocating for a dual identity within the crypto community that embraces the shared values and diverse approaches of both cryptocurrencies. The discussion urges the need for a transparent monetary system to address the inequities stemming from current financial policies.
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