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Has the author compared how much USD and CNY monetary systems are responsible for as a point of comparison?
by nathias 6y ago
Has the author compared how much USD and CNY monetary systems are responsible for as a point of comparison?
- maxerickson 6y agoThe equivalent of bitcoin happens on small servers all over the place. Bitcoin doesn't replace the need for civil defense, it doesn't replace the need for contracts (if anything it makes them more important), it doesn't replace the need for a legal system, etc., etc., etc.
- nathias 6y agoas a money it has much less dependencies, and probably less costly dependencies, although a proper comparison would be interesting to see