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With public "willing" (ignorant enough) to subsidise that "investements" (google: AIG bailout), every time they inevitably fail, nothing really can compete in s
by dpc_pw 10y ago
With public "willing" (ignorant enough) to subsidise that "investements" (google: AIG bailout), every time they inevitably fail, nothing really can compete in short term. Rich get richer with guaranteed profits.
Despite what neo-cons/keynsians acolytes proclaiming, saving money is an investment (low yield, but quite safe), and it should be yielding profit (in form of deflation).
As money tied in such a p2p contract will be deflationary, it will be competitive (as long as the Ethereum/currency it uses does OK).