What a wonderful Christmas gift!
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A theory by Saifedean Ammous.
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Why its demise might refute the negative connotation of "a cashless society".
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The likely scenario is the undoing of 1971, as the next years come up. This article does not contain ideas that are novel — at least for HODLers — but it does ...
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But the bigger tragedy is that schools don't teach critical thinking, don't teach basic reasoning, they don't even teach accounting.
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Assuming that most of the world switches from statist fiat money to some form of voluntary cryptocurrency, there is zero chance that a stablecoin will prevail ...
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A deceitful explanation is always worse than no explanation at all.
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