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Are you saying that a free market for currencies is anarchy?
by nkuttler 5y ago
Are you saying that a free market for currencies is anarchy?
- oblio 5y ago1. Currencies should first and foremost be stable, not speculation vehicles and they need to have really low transaction fees. The main cryptocurrencies in use right now fail both of those tests and for the rest... Well, they have to be weeded out, too many experiments and scams at the moment. We need to check the survivors in 10 years. 2. Currency is a major tool for social stability and requires intervention occasionally. Yes, a free market for currencies is socially very dangerous.