What if someone gets a fiat loan to buy bitcoin to hoarde? Does that take away anything from someone else?
I'm not trying to get in a debate since I don't have the answer, but it's something I've started thinking about and you're much more well-read on this stuff than me.
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That's my line of thinking, but I should read Mises' Theory of Money and Credit.
All credit debases the dollar. This is the problem Dave Ramsey seems to miss.
You can budget dollars, but you can't save them. If you don't use credit, other people(especially people in government) will debase your savings.
I mean in the fiat system...