3 ms·
central bank scheme is not perfect. however central bank has proven to be very effective at providing stability to currency. bitcoin's scheme is vastly inferior
by thkim 9y ago
central bank scheme is not perfect. however central bank has proven to be very effective at providing stability to currency. bitcoin's scheme is vastly inferior. protection from hyperinflation is not a great benefit compared to unstable currency value bitcoin is designed to suffer. also hyperinflation doesn't occur unless the government is essentially defunct. I'm sure people would just switch to some other reputable currency before it happens.