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@ Kayne
2025-04-22 02:45:06
The way I look at it the national currencies of modern economies are literally just negative value debt tokens which are only used for trade because of the violent state backed monopoly.
These currencies will continue to lose value against Bitcoin and everything else that has any kind of intrinsic value that doesn't come from violent monopolies.
At the end of the day the most useful thing you can do with cash is use it as kindling for starting a fire.
The fact Bitcoin does not need a state backed monopoly on violence to retain value alone makes it more useful as a currency.
The less we need the state the harder the state will fight to justify its existence