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> absurdity of bitcoin's (and other naive cryptocurrencies’) finite amount of money Bitcoin can be seen as a middle finger to inflation, more than a basis for
by mooneater 9y ago
> absurdity of bitcoin's (and other naive cryptocurrencies’) finite amount of money
Bitcoin can be seen as a middle finger to inflation, more than a basis for primary currency.
If nothing else, it certainly as helped advance the conversation on the nature of money supply.
- qubex 9y agoCryptocurrencies (at least the first ones, those before BaseCoin) aren’t really currencies at all. They’re ’just’ clever decentralised ways of manufacturing scarcity in this day and age of infinitely copiable digita information.