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>Cryptocurrency advocates saying, "we know what's best for you" is super troubling to me. How is this fundamentally different from an unelected monetary econom
by Macross8299 7y ago
>Cryptocurrency advocates saying, "we know what's best for you" is super troubling to me.
How is this fundamentally different from an unelected monetary economist working at the IMF or Federal Reserve deciding they know what's best for millions of people in a country? Given that you're presenting a country that can manipulate their own currency as the superior choice.
- ausbah 7y agoBecause the monetary economists work to improve the economy of their whole country, while "cryptocurrency advocates" are more likely to be vouching for a system that stands to personally benefit them?
- Macross8299 7y ago>Because the monetary economists work to improve the economy of their whole country I'm really not so sure that can be stated as some universal truth when it comes to things like the IMF.