Read_938 - Modern Money Only Works By Cheating - Part 1

“This piece is my attempt to finally map the terrain I'd been circling for years: Bitcoin's hardness, its fragility, its human governance, and its uneasy relationship with a world that increasingly runs on elastic money and digital abundance. It's not a defence. It's not an indictment. It's an audit.” ~ Hugh Hendry We keep pretending modern money is a stable system, but Hugh Hendry explains the quiet part out loud: fiat only survives by cheating, bending the rules, and offloading pain onto the future. What if Bitcoin’s "flaw" - its rigid, unchanging code - is actu...