What if exploitation and war weren't merely anomalies of human society, but there was something inherent to the incentives of the fiat system, that made them inevitable?
In today's Read we dive into Petter Englund's, "Island Economics: Why Perpetual War is Rational Under Fiat", and expand on its core ideas. Is a world free from the zero-sum game of fiat possible? Can Bitcoin get us there?
Check out the original article Island Economics: Why Exploitation & Perpetual Wars are Rational Under FIAT
by Petter Englund. (Link: https://tinyurl.com/musnh9zk)
Host Links
Check out our awesome sponsors!
Ready for best-in-class self custody?
Trying to BUY BITCOIN?
Bitcoin Games!
Bitcoin Custodial Multisig
Education & HomeSchooling
Another excellent piece from Su Zhu and Hasu at uncommoncore.co and a great introduction to the dynamics and risks at stake in the cashless...
"to survive and prosper in this world, man can either make the things he needs and wants, or he can take them. This was...
"This is the root of our cultural concern for crypto DeFi. The cultural, and arguably even structural, commitment to financialization is extremely difficult to...