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It cannot but currently dollar cannot as well. Right now central banks are printing money and giving it to already insanely rich people, how does that help eco
by DethNinja 6y ago
It cannot but currently dollar cannot as well.
Right now central banks are printing money and giving it to already insanely rich people, how does that help economic growth and quality of life?
At least bitcoin will be a little more democratic so that it will grow the economy better than current fiat system.
Normally best system would be a nationalised central bank that is actively trying to increase quality of life of citizens but as you can see we are not living in an ideal world.
- yjftsjthsd-h 6y ago> Right now central banks are printing money and giving it to already insanely rich people, how does that help economic growth and quality of life? Because money doesn't get thrown in a vault somewhere; it gets spent on goods and services.
- Ekaros 6y agoIt looks more like they are buying tech companies and IPOs with the money. In self-perpetuating cycle. One wonders how long that can go on...