4 ms·
Because one of the functions of government currency is keeping things like prices stable for the sanity of normal people buying food and gas, against the type o
by llbbdd 11mo ago
Because one of the functions of government currency is keeping things like prices stable for the sanity of normal people buying food and gas, against the type of upheaval and reactionary change that a global currency is susceptible to. Bitcoin/crypto enthusiasts have historically pretended that stable prices are not important, keeping alive the traditional HN-lauded attitude that any insufficiently solved social problem is merely awaiting heroic overhaul via a Messianic technical spec.