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Comment by rich_sasha

Money is a medium of exchange. If I want something, I can get money in some way, then swap it for something else.

But if I have a near magical genie who can make me anything - software, farming business, physical things - and at a fraction of economic input compared to the legacy monetary policy - then the money is worthless. As the Aztec shells were to the conquistadors.

That they can’t print USD is irrelevant.

parent rich_sasha 5 days ago

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