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If NK paid for nukes in USD, would you ban USD? How does that make any sense? Bitcoin was created partly as a reaction to public funding of private cronies (se
by danuker 4y ago
If NK paid for nukes in USD, would you ban USD? How does that make any sense?
Bitcoin was created partly as a reaction to public funding of private cronies (see the genesis block coinbase). If the national currency is debased like this, at the expense of the general public, clearly the government is not doing its job.
Bitcoin makes it so that the supply is well-known in advance, and only the owners can spend the currency.
https://en.bitcoin.it/wiki/Genesis_block https://en.bitcoin.it/wiki/Genesis_block