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Cryptocurrencies are the sympton of the population distrust towards central banks and governments who are very irresponsible when controlling the money. I mean,

Cryptocurrencies are the sympton of the population distrust towards central banks and governments who are very irresponsible when controlling the money. I mean, look at the Covid-19 pandemic. They irresponsibly stopped the entire economy, printed a buttload of money out of thin air and now are "struggling" to fight the resulting inflaction. Well, they aren't struggling with anything, it's you, me, the average Joe that are suffering from inflaction. Why? Because irresponsibility. It's pretty much enough to look into the time of birth of the Bitcoin and you can see what was the first purpose ot cryptocurrencies. If some morons lose money on get rich fast schemes, it's on them.

jqpabc123 4y ago
Cryptocurrencies are the symptom The key word is "symptom" --- not to be confused with "cure".
solarkraft 4y ago
> They irresponsibly stopped the entire economy, The ... banks? ... irresponsibly?
FabHK 4y ago
> distrust towards central banks and governments who are very irresponsible when controlling the money Where does this distrust come from? Central Banks have been running QE for ages (the Fed since the GFC 2008, BoJ even earlier), and inflation has been fine for decades (too low, rather). Now, in exceptional circumstances (pandemic and war and supply chain problems due to those and fiscal easing) there's a short spike of inflation that's brought inflation averaged over a decade just a tad over the 2% goal. Where's the "irresponsibility"?