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You're over reducing things to the point where they don't make sense anymore lol First of all, the value of a currency that could be printer on any printer mig
by Jommi 8y ago
You're over reducing things to the point where they don't make sense anymore lol
First of all, the value of a currency that could be printer on any printer might not actually be even 0.
Secondly, cryptocurrencies do not operate in vacuum. Its not as simple as "printing yourself money".
- Ygg2 8y agoRight, it could possibly be negative. Second, if I went to a store spent 199 dollars and those 199 dollars magically reappeared in my hand, didn't I create money out of nothing and reduce dollar value? Yes I did. Even if I never cloned any money I reduce the expectations of future stores that their money won't magically disappear. And yes, I am aware banks do this, but they are regulated and when they abuse it, you get a financial crisis.