Centralization of Power in Future Money #2
World Crypto Network
Max Hillebrand, Niko, and Raphael (Consensus Network) apply Austrian economics (Rothbard, Menger) to analyze centralization in future money. Core thesis: Bitcoin's unchangeable supply and anarchic protocol prevent state monopolization unlike fiat, which exploits Cantillon effects—early money-printers (central banks, governments) gain while late receivers lose purchasing power. Discusses mining ine
https://relay.towardsliberty.com/b4ba5b5b957646a95a8f9931afa51e16bcde1064d3ac48b08661757b00b9d9ba.mp4
World Crypto Network
Max Hillebrand, Niko, and Raphael (Consensus Network) apply Austrian economics (Rothbard, Menger) to analyze centralization in future money. Core thesis: Bitcoin's unchangeable supply and anarchic protocol prevent state monopolization unlike fiat, which exploits Cantillon effects—early money-printers (central banks, governments) gain while late receivers lose purchasing power. Discusses mining ine
https://relay.towardsliberty.com/b4ba5b5b957646a95a8f9931afa51e16bcde1064d3ac48b08661757b00b9d9ba.mp4