3 ms·
Are you talking about a specific country? My point was only to point out the very material difference in having a producer of a currency back the production. I
by onethought 5y ago
Are you talking about a specific country? My point was only to point out the very material difference in having a producer of a currency back the production.
In Crypto the miners cannot suddenly issue more currency, meaning there is an inherent risk of capital grid-lock. I get this is a trade off for the other benefits of crypto but it's one people should be aware of, and why you can't treat it the same way... or rely on it the same way.