Michele Morucci

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the winners are always the ones who provide the goods deemed best by the public. When government is in charge of deciding winners and losers, the sort of people who have nothing better to do with their life than work as government bureaucrats are the arbiters of taste and beauty. Instead of art's success being determined by the people who have succeeded in attaining wealth through several generations of intelligence and low time preference, it is instead determined by the people with the opportunism to rise in the political and bureaucratic system best.
The Bitcoin Standard: The Decentralized Alternative to Central Banking
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