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> If the crypto-currency market is illegitimate due to money printing by Tether, then so is the conventional financial system due to quantitive easing by the Fe
by kaibee 6y ago
> If the crypto-currency market is illegitimate due to money printing by Tether, then so is the conventional financial system due to quantitive easing by the Federal Reserve and other central banks around the world.
The difference is that central banks aren't lying about whether they're printing money or not.
- ericns 6y agoInstead, they control the methodologies that define the value of what they've printed as well as the flows. Differences...Distinctions...are there?