Day 102

Great piece from of content I saw on LinkedIn from Cory today “The most interesting change Bitcoin will enable is that, now that there’s a real cost of capital, people will become more thoughtful about how they spend their savings. Since their money will increase in purchasing power over time instead of losing value, individuals will only part with their money for worthy endeavors that produce real value for the world.

In my opinion, the knock-on effects of this will be profound, since it will be extremely difficult to finance things that are a huge waste of time, human resources, and money, such as wars. As a result, the world become a much more productive and efficient place.”

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