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>the value of which is then inevitably measured in… US dollars, which says something. Which says a lot. These are crypto commodities at best. The real currency
by IanDrake 9y ago
>the value of which is then inevitably measured in… US dollars, which says something.
Which says a lot. These are crypto commodities at best. The real currency is the US dollar.
I really wanted crypto currencies to work, instead they've made me see the value in the Federal Reserve System even though I don't like the way it's run.
The promise of a systematic currency supply growth was enticing, but now I see what spiking demand can do with a fixed supply. Perhaps this is a problem that could be solved via a new supply algorithm.