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> You're speculating that fiat would remain stable and hold value, that inflation would not run rampant. Can you show me where I said that? This is nowhere in
by trutannus 5y ago
> You're speculating that fiat would remain stable and hold value, that inflation would not run rampant.
Can you show me where I said that? This is nowhere in my comment, or any comment I've ever written here. You're completely making things up at this point.
I said nothing about inflation, value, or stability. All I have said is that nobody is adopting crypto when their currency fails. They're adopting USD, a more stable fiat. Relative to failing states' fiat, the USD is significantly more stable, and more widely accepted. That's simply a fact.
- coralreef 5y ago> Can you show me where I said that? This is nowhere in my comment, or any comment I've ever written here. You're completely making things up at this point. Your statements contain implicit assumptions about fiat, particularly the USD's future. It's stable now, that's why people use them. That's your main point. I'm asking you to project further into the future and take into account economic conditions that cast doubt on the USDs future. If you can do that, then you can understand why people are interested in crypto. Otherwise if you don't have any interesting points to make, you can stop refuting me and let the thread reach conclusion?
- trutannus 5y ago> Your statements contain implicit assumptions about fiat, particularly the USD's future. No, I did not. You've started making stuff up and trying to shoehorn this discussion into a direction which you want it to go. This last reply from you is so far off of my initial point which was very simple. My point is very simple and factual: people use USD not crypto when their banks fail because the USD has greater historic stability. Therefore people use it. I've never said "and it will stay stable" I simply said that it is now, and that's why it is used. > I'm asking you to project further into the future This isn't the point I'm trying to make. You appear to want me to be making different arguments since the ones you are responding to are completely unrelated to mine. I'm not making some pie-in-the-sky claims about what would happen in the future since I'm not an economist, and I suspect that you are not either given how black-and-white some of your ideas are. > Otherwise if you don't have any interesting points to make, you can stop refuting me and let the thread reach conclusion? I'd suggest you review the HN guidelines.
- coralreef 5y agoAlright then, seems like you’ve made your initial point and have no further interest in discussion, so have a good day.
- trutannus 5y agoNo interest in blindly speculating in an area I have no expertise, correct. Have a good one.
- coralreef 5y agoLol perhaps don’t use the comment feature then.
- dang 5y agoHey, can you please make your substantive points without swipes? You've broken the site guidelines several times in this thread. If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful.