As @Schmorgluck mentioned, the deflation that will be pursued as policy by the holders of bitcoin investment (as opposed to those who rely on it for everyday transactions), that’s a direct line to governance. When the bank might or might not deal with you… in such a fundamentally opaque way as to invite routine fraud and “arbitrage for me but not for thee,” that points to the need for law and governance.
I mentioned price stability above, and got no takers, so… how specific should I get? Decent 300 level texts in micro- and macro- will cover it. This is not a class, though, it’s a discussion. The fact that academic knowledge is pooh-poohed in this discussion, as seems to always happen for bitcoiners, points to a cultural problem with bitcoiners, and I addressed that too.
:shrug:
