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Can you expand? Not using national currency in favor of whatever monopoly/gang money leads to low demand and oversupply => inflation.
by throwaway290 3y ago
Can you expand? Not using national currency in favor of whatever monopoly/gang money leads to low demand and oversupply => inflation.
- lostmsu 3y agoIn the suggested scheme the "old national currency" is not used anymore and the crypto is the "new national currency".
- throwaway290 3y agoAh. Good luck having stable economic life if your "national currency" jumps wildly due to random pump-and-dumpers or ransomware payouts and can go to zero the next day.
- lostmsu 3y agoThis argument is not a clear cut like the original (mistaken one).