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Yeah, nothing new about a permissionless digital-signature-secured decentralized currency being rapidly monetized in an age of global stagnation and quantitativ

Yeah, nothing new about a permissionless digital-signature-secured decentralized currency being rapidly monetized in an age of global stagnation and quantitative easing / printing money.

deleted 9y ago
[deleted]
nwah1 9y ago
So you can use this for what? Btw, I don't think you know what quantitative easing is. Explain to me why the value of USD remained strong all throughout the period of supposed money printing.
- Beejeepa 9y ago
  Because it hasn't fallen yet. It will. The Federal Reserve is insolvent. As the dollar falls from global usage, it can't buy all the real assets necessary to stabilize the dollar using printed money that no one wants.
  - nwah1 9y ago
    Quantitative easing is not money printing, and the Federal Reserve pays about 100 billion dollars in profit annually to the US Treasury.
- Beejeepa 9y ago
  What can you use Bitcoin for? What year are you from, 2012?
  - nwah1 9y ago
    I have never heard a coherent value proposition that justifies thinking of bitcoin as an asset.
    - Marduck 9y ago
      $5000.