The Cantillon Effect versus the Nakamoto Effect By Cointelegraph


The easiest way to guard against the unequal distribution of new money is to leave the monetary system altogether.

Only the oldest living generations can remember a time when money was more than a piece of paper backed by the “full faith and credit” of government and military. We are conditioned to view money as a product of our government, but avoiding the Cantillon effect requires looking at money through history, even if it is only a century old.

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