3) So the question isn’t whether blockchain survives – because the secure-ledger technology is a vast improvement in ownership (title) registry. It’s whether the state tolerates unbacked assets. IMO the state will end bank money creation, and capture all credit money creation.
Source date (UTC): 2021-11-06 14:36:38 UTC
Original post: https://twitter.com/i/web/status/1456993933892935680
Reply addressees: @tweetformoneys @Maxhenr23910621 @KevinRudolphJo1 @LukeWeinhagen @RNP_1 @BadBank8 @FabaraD @JeffJonas @axolotl_Finance @JosephRooke @FD
Replying to: https://twitter.com/i/web/status/1456993120340561921
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@tweetformoneys @Maxhenr23910621 @KevinRudolphJo1 @LukeWeinhagen @RNP_1 @BadBank8 @FabaraD @JeffJonas @axolotl_Finance @JosephRooke @FD 2)However, in that near-future monetary system we may see an even GREATER disconnect between consumer vs business monetary systems, and spending and saving monetary systems. We are past the point of the utility of a single fiat currency. This has been obvious since late 1980s.
Original post: https://x.com/i/web/status/1456993120340561921
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