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All those doom and gloom you describe only happens if Bitcoin is the only currency in the world. It doesn’t happen when Bitcoin is supplementary to USD, EUR, CN
by netheril96 4y ago
All those doom and gloom you describe only happens if Bitcoin is the only currency in the world. It doesn’t happen when Bitcoin is supplementary to USD, EUR, CNY, etc.
This is similar to how the proponents of free market and central plan both think the other side is pure evil. In the real world, a functioning economy is a mixture of both.
- nathanvanfleet 4y agoThis is exactly like how I will go to my doctor when I feel sick. But I'll also drink my own urine to cure myself. It's important to have a little bit of a mix.
- deleted 4y ago[deleted]
- hda2 4y agoIf you have a counterpoint then by all means make an argument for it, but don't post.. this. It's always disappointing to see what hacker news devolves into whenever cryptocurrencies are discussed. We should try to hold ourselves to a higher standard than this.
- dsco 4y agoAhh the good old Hacker news take on crypto. You must be proud of your originality.