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Not having control over your own currency is a death sentence for your economy. Not to mention, cash realistically offers more freedom than any crypto-currency

• lettergram 10y ago
  Not having your own currency (especially a crypocurrancy - where it's essentially dividable to millionth or billionth) is not a death sentence to an economy. The U.S. didn't have direct control over its currency until the early 1900's. And once they got direct control, it caused the great depression. A treasury can offer bonds and control the amount of liquidity in a market. It's not direct control, but all countries used to not have direct control over their currency and they managed (used to trade in gold/silver by weight). Finally, there are places - such as China which literally peg their currency to other countries. They don't have control either (at least until it's unpegged). I do agree with you on the traceability, but you can limit traceability via crypocurrancies. Given the pirate party is probably more interested in less government control, they might be willing to compromise traceability for lack of government control
  • res0nat0r 10y ago
    I'd rather my groceries, gas, bills, et al not cost 50% more/less day to day like the crazy Bitcoin swings we still see. A cryptocurrency for a nation state as of right now is still a pipe dream.