Oddbean new post about | logout
 Agreed the entire thing needs rebuilding.

During the collapse/exit event though it's hard to see wealthy nations/individual actors not getting out first and consolidating further. Creating an entire new class, the Bitcoin class and the others just pass around their change(sats - or fractions of sats). Maybe then everything else is so devalued in comparison to Bitcoin that the others class can start again on a fairer standard.
Shitttt