Tayyab - d/acc pfp
Tayyab - d/acc
@tayyab
Hot take (maybe): No currency or financial system will succeed at scale without a meaningful wealth redistribution mechanism. Capital has increasing returns. In an opt-in monetary society, people will not choose to hold or purchase a currency that does not have some way to counteract this.
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Zach pfp
Zach
@zd
What does “a meaningful wealth redistribution mechanism” look like to you?
1 reply
0 recast
2 reactions