One money is optimal in theory, and there is always a converging force. But a free market for monies is always the best check against tyranny. Market participants anticipate State capture and will allocate to better monies in accordance to threat level.
twetch#190 5.7y
The more resources concentrated into fewer monies, the more vulnerable to state control.
A market for many different kinds of money/currency/commodity etc. is a better check on tyranny than a single global money.
What the chain says
- Block
- 673 616
- Time
- 2021-02-09T04:34:18Z
- Signer
- 1AjUnNeTbLY5rkmyGXMjBhZwfjjp9jKqin
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#24100
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1AjUnNeTbLY5rkmyGXMjBhZwfjjp9jKqin Verified