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> Now he can push for more inflation, bitcoin will be the only hedge against it, boom, trillionaire. That's assuming that Bitcoin gains value disconnected from
by estebank 2y ago
> Now he can push for more inflation, bitcoin will be the only hedge against it, boom, trillionaire.
That's assuming that Bitcoin gains value disconnected from the US dollar/economy. That's not a given.
- daxfohl 2y agoIf it doesn't, the trillionaire class can eliminate the fed and require all taxes to be paid in bitcoin.
- creato 2y agoAt 7 transactions/second? Good luck.
- bloomingkales 2y agoYou just need liquidity to hide the transaction time. As in, all transactions are instantaneous because they are all instant loans, where the reconciliation of the actual transaction happens slower in a back channel.
- surgical_fire 2y agoWith Crypto volatility? That's a reconciliation nightmare.