The biggest irony of Bitcoin and similar schemes is that they actually commoditized money-printing and caused massive inflation, despite the libertarian claims

The biggest irony of Bitcoin and similar schemes is that they actually commoditized money-printing and caused massive inflation, despite the libertarian claims that come along with it about how deflationary they are, and how we need to prevent government to do so. It is pretty counter-intuitive to understand that you can have two transactions between three parties, where everything is properly accounted for with double-entry check, and yet, more money is created in the system as a whole. So people, of course, in this gold rush, run the money printers 24/7. Of course, if Bitcoin replaced normal currency, it could be conceivably deflationary (probably for worse). But it doesn't, it just adds to it. I don't think humanity is fully aware of the amount of inflation that various crypto-schemes caused around the world.