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  • Because Bitcoin sets itself up as the antithesis of governments' ability to use fiscal discretion in budgeting, or central banks' monetary discretion in stabilizing an economy, people's financial investment in Bitcoin usually ends up morphing into an emotional and ideological investment in being antagonistic toward those parts of liberal democracy, regardless of the policy being implemented.

    Great summary.

  • this is excellent

    (and i'm not just saying that cos i'm in the footnotes)