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Are you pretending that the government's ability to create fiat currency out of thin air doesn't endanger anyone? Printing trillions over the past few years is
by calculatte 4y ago
Are you pretending that the government's ability to create fiat currency out of thin air doesn't endanger anyone? Printing trillions over the past few years is what is throwing us into a worldwide depression.
You think the "spooky scary government" is harmless? The US government has used its funds to kill over 20 million people since WWII without officially being at war. 90% of those killed in US drone strikes are bystanders.
Domestically, we see unrestrained corruption from nearly all of our elected officials leading to every outcome to its own citizens. Poisoned water supplies, missing disaster response, war. But as long as your bank account is insured, everything is cool?
Cryptocurrency was created for, and remains suitable for, valid uses that are not "drugs and other illegal stuff." But this is a new technology without guardrails. Bad actors are a problem. So is FUD from competition and disinformation like the parent.
This is a growing technology that requires a level of knowledge to safely use until it is mature enough for mass adoption.
- imtringued 4y agoIf the fiat system is so bad why did Bitcoin copy it then? The only exception is RAI which does not copy the fiat system by allowing negative rates. Negative rates allow the system to reduce the money supply.