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Can't continue to have an inflation tax (our government outspends what it takes in year after year after year) if the population moves to cryptocurrencies.
by justinzollars 9y ago
Can't continue to have an inflation tax (our government outspends what it takes in year after year after year) if the population moves to cryptocurrencies.
- millstone 9y agoHow do cryptocurrencies prevent the government from borrowing?
- justinzollars 9y agoIt doesn't. But using non fiat currencies prevents value from being extracted from your dollars value. A 6 nuclear aircraft carrier armada and hundreds of military bases across the earth isn't free.