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> cryptocurrency fails to address any of the concerns with fiat This comment coming from a libertarian is a head-scratcher. The biggest concern about fiat cur
by logicalmonster 5y ago
> cryptocurrency fails to address any of the concerns with fiat
This comment coming from a libertarian is a head-scratcher.
The biggest concern about fiat currencies from a libertarian perspective is that the government can inflate the currency at will with no real transparency possible.
Crypto generally eliminates this concern, either by having a fixed quantity of coins or a known inflation amount, and basically perfect transparency being possible through looking at the blockchain.