markjgsmith

Notes

Bitcoiners, gold bugs and sound money folks are all against debasing money, and they make really great arguments that make a ton of sense. Maybe though the problem with making money completely bulletproof is that the debasement just gets moved somewhere else. What if debasement is in some way part of the human condition?

And what if the debasement gets moved to somewhere where it’s even worse? Maybe the money layer is the safest place for the debasement to happen. What if it moves to the social layer, or language itself. Many feel that society is going to hell, but what if that was quaint compared the maximum debasement that was possible. Maybe we can't even imagine how badly society could get debased.

Perhaps we should setup some metrics to track key aspects of societies to ensure that doesn't happen? #

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