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A healthy criticism of things is great, however, I feel context needs to be brought to the table too. What is this Bitcoin being compared against? We need to u
by b3nji 5y ago
A healthy criticism of things is great, however, I feel context needs to be brought to the table too. What is this Bitcoin being compared against?
We need to understand the current fiat system, how is fiat money is made? How exactly is the USD brought into the world?
Many of you might be quite shocked on how the current system works, all based on debt, or just arbitrary printed to suite the needs of big government. Its quite interesting. Did you know 40% of all USD in existence was create last year based on nothing for instance?
Fiat, and crypto have their merits, and failures. Some obvious issues, others underlying, and needing to be addressed.