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If you want to own Bitcoin, great. But a currency you can't print would make the current problems worse.
by itsoktocry 4y ago
If you want to own Bitcoin, great.
But a currency you can't print would make the current problems worse.
- anonym29 4y agoA "currency" with a fixed supply would make inflation worse than a FIAT "currency" for which 40% of the entire supply was printed in 2 years? A "currency" with no physical representation, that physically cannot spread infectious pathogens (like COVID) the same way physical paper notes and coins do is worse than paper notes and coins for public health? A "currency" with wide open and auditable transaction records is worse for combatting government corruption than briefcases full of paper notes with no auditability at all? If you want to own FIAT, fine, but don't pretend BTC is automatically the root of all evil.
- intalentive 4y agoIt would make them worse in the short term, perhaps. But if you were engineering a system from the ground up? Bad design choice IMO. Too easy to drive into the ground a la Zimbabwe.