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How do you know they provide negative value to economy? Perhaps they would invest their bitcoins far better than the current status quo and create a star-trek
by DethNinja 4y ago
How do you know they provide negative value to economy?
Perhaps they would invest their bitcoins far better than the current status quo and create a star-trek style post scarcity economy.
- anothernewdude 4y agoPerhaps I'll start shitting out gold and we can go back to the gold standard.
- qwytw 4y ago> How do you know they provide negative value to economy? Very basic understanding of modern economics and monetary systems would be more than enough to figure that out. > post scarcity economy In fact it would maximize scarcity (imagine the Fed hiking interest rates to + 20% while inflation becomes negative, say - 20%. What do you think would happen?)