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> I would gladly trade all my gains for a world where governments have no control over the creation and regulation of money. Indeed. And not just because they'
by ur-whale 8y ago
> I would gladly trade all my gains for a world where governments have no control over the creation and regulation of money.
Indeed. And not just because they're absolutely terrible at it: giving control over money creation to a government is like giving a drug addict the keys to the heroin factory.
- sbenitoj 8y agoDon’t know why you’re getting downvoted, your comment is spot on. Governments can’t be trusted with money, the incentive to cheat is too great.
- 908087 8y agoWhat would you call the near-daily exit scams, pump and dumps and ponzi schemes in the "crypto" world if not "cheating"?
- jki275 8y agoYou realize people do that with fiat money too, right?
- int_19h 8y agoThey're the same, but when your government does it, it's not really opt-in, unlike with all the crypto frauds.
- 908087 8y agoI've never once been forced into anything resembling a pump and dump, ponzi scheme or exit scam by the government.
- ur-whale 8y agoIf you do live in a country where there are compulsory contribution to a retirement system, then you are forced to contribute to a ponzi scheme. You may just not realize it.
- 908087 8y agoBitcoin is giving heroin dealers the keys to the money factory, which is obviously much better.