Not unless we solve the problem of states needing to inflate away emergent asymm

Not unless we solve the problem of states needing to inflate away emergent asymmetries. We interpret this as unsound money but without that method all governments in history have simply forcibly redistributed wealth to prevent revolution.
Digital has no insurer of last resort.


Source date (UTC): 2021-12-08 14:54:05 UTC

Original post: https://twitter.com/i/web/status/1468594736730673166

Reply addressees: @balajis

Replying to: https://twitter.com/i/web/status/1468591386744147972

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