>Just a reminder that anyone can issue credit. This is what annoys with me with all the cryptocurrencies. They try to recreate the economics of gold as a money

>Just a reminder that anyone can issue credit. This is what annoys with me with all the cryptocurrencies. They try to recreate the economics of gold as a money, a money whose supply is fixed. Modern money is a ledger who owes how much. That has no fixed supply. So we would need a cryptocurrency whose supply is not fixed but what anyone can create. Of course, there are challenges there to make it work...