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You say that like having fixed-supply money is a trivial factor, when it's actually the central problem with fiat currency and the reason we even need crypto. G
by hd4 5y ago
You say that like having fixed-supply money is a trivial factor, when it's actually the central problem with fiat currency and the reason we even need crypto. Giving governments the ability to pass laws to allow an arbitrary amount of fiat to be printed is the problem, because it effectively gives them the power to do what they like with no accountability to their electorate. Having a fixed-supply is not a matter of laws being passed, because in the real world, governments just do not want practical limits to their own spending power. The cycle of governments printing and diluting the currency until financial collapse is literally as old as recorded history.
> Which?
Precious metals, commodities (which is a large enough category in itself).