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Many falsely believe that by simply producing more money or redistributing it, we would all suddenly have more wealth. It can come in multiple formats: it can be in the form of cash or alternative instruments, which we see more commonly today. Such instruments include debt and loan obligations. For instance, producing government loans that issue money to businesses creates new money as the entry on the central bank is produced and then replicated across other banks and financial institutions.

Money is simply a means of mapping obligations. It…

Craig Wright (Bitcoin SV is Bitcoin.)

My opinions are my own. Eternal student & researcher; plugging Bitcoin from as long as it was lawyer, banker, economist, coder, investor, mathematician, & stats

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