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You can't just append "out of thin air" to standard monetary policy and pretend you're making some kind of argument. Everything you describe in the comment you
by 4fterd4rk 2y ago
You can't just append "out of thin air" to standard monetary policy and pretend you're making some kind of argument. Everything you describe in the comment you linked to is sophomore level economics. I don't understand your point. There is nothing sketchy about it. Do you want us back on the gold standard? That's an awful idea.
- npoc 2y agoI don't want a gold standard - it was good while it lasted, but it'll just end up zero-reserve again. Instead I am saving in a money with fixed issuance, that people can't just print out of thin air. It's proof of work, like gold, but digital and with a capped supply. If you don't understand, I'm afraid I don't have the time to explain it to you.