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The supply of cash notes in Venezuela wasn’t / isn’t the problem. It’s that no-one has faith in the value of those notes. > which is the better money, cryptocu
by TheSpiceIsLife 8y ago
The supply of cash notes in Venezuela wasn’t / isn’t the problem. It’s that no-one has faith in the value of those notes.
> which is the better money, cryptocurrencies or gold-backed notes goes into this
This is a false dichotomy.
- rkeene2 8y ago> This is a false dichotomy. Nevertheless, it is the subject of the debate and the debate also goes into why you would want scarcity as the basis of a money.