Oddbean new post about | logout
 I truly support the mentality that money should be organic, something that grows naturally over time with demand, free from centralized control. However, when talking about the reality in my region, like Brazil, things are different. Here, economic policies and the financial landscape are often subject to government intervention, and people have to deal with constant inflation and measures that affect the value of physical money.

While other places might have more flexibility and openness to this organic approach to money, in Brazil, the instability of the financial system pushes people to seek safer alternatives, like Bitcoin, to preserve the value of what they earn. The reality is that in an environment of growing control and economic uncertainty, accumulating a decentralized currency like Bitcoin becomes a form of financial protection against government interventions and the volatility of the local economy.