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I think thats attempting to put the burden of a states monetary policy to a virtual currency. I dont think its necessary for bitcoin to fullfill some of the rol
by conanbatt 8y ago
I think thats attempting to put the burden of a states monetary policy to a virtual currency. I dont think its necessary for bitcoin to fullfill some of the roles monetary policy does: bitcoin doesn't care about unemployment. At the same time it does not have the benefits typical monetary policy has: that it can force people to take the money, meaning that monetary policy in itself would be limited in effect.