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> Government-regulated currencies are best because voters can actually have a saying in how money gets handled No, they don't. BTC is successful because citize
by ObserverNeutral 5y ago
> Government-regulated currencies are best because voters can actually have a saying in how money gets handled
No, they don't. BTC is successful because citizens were against bailouts and yet government did bailouts to secure the "common good"
It's also popular because the Fed has a 2% inflation target whereas the population prefers a -2%
Government can kill btc in 3 seconds if it wants to do so...it just needs to give people what they want, what's popular so to speak, regardless of outcomes