4 ms·

Oh the case against crypto is still what it always was: https://louwrentius.com/cryptocurrencies-are-detrimental-to-society.html https://louwrentius.com/crypto

Oh the case against crypto is still what it always was: https://louwrentius.com/cryptocurrencies-are-detrimental-to-society.html https://louwrentius.com/cryptocurrencies-are-detrimental-to-... > I can trust crypto because I can predict what it will do in terms of affordances and supply. That sounds like a delusion. BTC is very volatile. When the music stops, there won't be enough chairs... The Fed did hand out USD but that is for a very, very good reason: to keep society up and running, to keep it from total collapse. I understand that keeping society operational is not very profitable for you, but I think it's rather nifty.

viklove 6y ago
> in terms of affordances and supply Seems like you misread this part of my statement and replaced it with "price." > to keep society up and running, to keep it from total collapse Inflating the global reserver currency won't have this effect, it will only prolong the inevitable outcome. The reason we're in this situation in the first place is because of the US govt's mismanagement of the USD over the past five decades. I want out and crypto is my ticket, who are you to tell me I shouldn't be allowed to make this decision? I'm not telling you to stop using USD. I just want you to stop arguing for a crypto ban.
- workallday21 6y ago
  I think you are getting close to an explanation. You "getting out" weakens the system. You must be kept in.