When someone makes claims like "deflationary currencies will push us back into feudalism" with no other support than "it is widely studied", I immediately begin to question this person's judgement.
Currency has little to no relationship with feudalism. And if they are using feudalism as a shorthand for inequality, we are already there with an inflationary currency.
The Line Goes Up was such a good summation of the entire stupidity of crypto. It deserves all the praise and more.
I'm going to watch the 2 hour video - by which time this will be on page 9.
It is well worth the 2 hours. I've seen that man talk about Fifty Shades of Grey for 3 hours and I was not bored