5 ms·
What does any of that to do with your argument that people won't do something that they clearly are doing?
by Frogolocalypse 9y ago
What does any of that to do with your argument that people won't do something that they clearly are doing?
- zanny 9y agoThat the people developing bitcoin and the people investing in it can have faith in the currently popular monetary systems while also investing in bitcoin. The presence or popularity of bitcoin does not imply an objective amount of lost faith in fiat currencies.
- Frogolocalypse 9y ago> The presence or popularity of bitcoin does not imply an objective amount of lost faith in fiat currencies. 'Objective amount'? What it is is an amount, and growing, that feel exactly what you imply doesn't exist. There are clearly many people that have lost 'faith' in fiat currencies, or the central banks that manage them, or the economies behind them, or all of these things, to the tune of the market-cap of bitcoin. How more objective an amount can you get than that?