Keith Evans
1 min readMar 24, 2022

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The idea that any sovereign economy should be held down by the quantity of a mostly useless metal it can mine (via very environmentally destructive processes), ignoring all other resources it has available, was always patently ridiculous and benefited only banks and the ruling class. (Those who have the gold make the rules.) Bitcoin is simply a replacement that is almost equally destructive and even less reflective of real economic conditions and potential.

Unless a major economy accepts Bitcoin in payment of tax burdens it will remain a "commodity" and fluctuate in value against the currency it is denominated in and is accepted in payment of taxation. I have often stated that the only real value to Bitcoin is in how it shut up the gold bugs, but you have somehow managed to include both in your mostly erroneous rant against fiat currencies that aren't going away any time in the near future.

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Keith Evans
Keith Evans

Written by Keith Evans

Meandering to a different drummer.

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