X @Nick Szabo

RT Handre van Heerden (@Handrev)Rothbard understood what most economists ignore: money isn't neutral. Every dollar printed first benefits those closest to the money printer - banks, governments, and their cronies - while diluting the purchasing power of everyone else's savings.This is the Cantillon effect in action: a systematic theft mechanism disguised as monetary policy. Bitcoin represents the first truly neutral money in human history, eliminating this insider privilege entirely.No central bank can prin ...