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I'm not a finance expert, but I don't think those issues are caused by the kind of money used. People make mistakes, some of them are greedy, powerful people w
by faeyanpiraat 6y ago
I'm not a finance expert, but I don't think those issues are caused by the kind of money used.
People make mistakes, some of them are greedy, powerful people want to keep their power, etc..
You can't fix people with a currency.
And humans are creative, if you switch over to crypto, they'll find a new way of doing the same old things..
My government not wanting me to send money somewhere: Well, this might be a clichè, but apart from slightly limiting my freedom this prevents bad guys doing nasty stuff aswell.
- FpUser 6y ago>"...My government not wanting me to send money somewhere: Well, this might be a clichè, but apart from slightly limiting my freedom this prevents bad guys doing nasty stuff aswell..." Bad guys get around it one or the other way. You do not.
- cloudinshape 6y agoThe end of the gold standard in the 70s meant the US could "afford" to fight infinite wars by just printing dollars and passing the real cost to the rest of the world, that is why the US is now the world's biggest borrower nation when it used to be the world's biggest creditor nation. The current state of endless military interventions is only possible because of the huge deficits in the US that are not possible with hard money.