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>How about currency monopoly? Hyper inflation? Not real problems in most countries. >Debt slavery for all mankind? How does crypto stop people from borrowing
by drngdds 8y ago
>How about currency monopoly? Hyper inflation?
Not real problems in most countries.
>Debt slavery for all mankind?
How does crypto stop people from borrowing lots of money?
- drdeca 8y agoWell, I haven't seen any banking (borrowing and lending) systems built on top of a cryptocurrency yet, But that is probably largely because there isn't a good enough reputation system or other way to encourage the payment of debts that is compatible with the cryptocurrency ecosystem yet, I think. Or, alternatively, they exist and are used, but I haven't noticed them yet.