4 ms·
If you believe that money is the communication of value and you believe that communication is an important right of human beings, then giving the power of curre
by RichardHeart 9y ago
If you believe that money is the communication of value and you believe that communication is an important right of human beings, then giving the power of currency to the people, without rent seeking middlemen is net positive.
If you believe that interest rates are too cheap and causing boom and bust cycles, then it could be interesting to see what a deflationary currency does, and if it does actually generate a death spiral of savings and fear of taking loans.
If you believe that everything humans value that can be digitized, is, and successfully. Books, movies, photos, music. Then it makes sense that currency would become digital in the same way. You can make it at home, you can mix it, and you can broadcast it, just like all those other things.
If you like the idea of the worlds fastest appreciating currency/commodity/whatchamacallit... How many things are out there that actually change the relationship between man and government and man and other men more than a well adopted crypto currency would?
And how many of those things can you make money on by providing liquidity?