"Izzy said there could be inflation in a hyperbitcoinized world. And she's right. Calm down, maxis, calm down! Explaining why this is true sheds...
"If a money (the most salable good) is easy to create more of, then any rational economic actor would just go out and create...
"Coding, mining, infrastructure, and markets are all independent, happening in competing jurisdictions and geopolitical rivals, often done by anonymous or pseudonymous actors, all with...