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Cryptos is about separating governments and currencies, not about fixing what is wrong with governments (an impossibility if there ever was one). Just like chu
by ur-whale 6y ago
Cryptos is about separating governments and currencies, not about fixing what is wrong with governments (an impossibility if there ever was one).
Just like church and state haven been separated in most civilized places, there is absolutely no reason to allow governments to manage or control the means to exchange value between economic entities.
If you need proof of that last assertion, all it takes is looking at the history of currency in the last 2000 years, starting with the Romans.
Governments can never resist the appeal of the infinite money faucet.
Every single mistake they make, every single problem they face, can seemingly be fixed short term by opening the faucet a little wider.
Until it all goes to shit, of course.
The story of currency debasement leading to societal collapse is as old as money and has repeated itself countless times over the course of history.
Cryptos take the sharp tool out of the hand of the retarded child.
It's certainly not fixing the fact that the child is retarded, and he can and will certainly find other ways to cut himself, but at least not with that particular tool.
- FridgeSeal 6y ago> Cryptos take the sharp tool out of the hand of the retarded child. And give it to what? The magical hand-of-the-market? An effect that is more or less akin to turning on a firehose and letting it thrash around wildly. The fire doesn’t get put out, but hey, at least that “retarded child” as you so eloquently put it isn’t involved anymore.