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by germanier 3781 days ago
I do understand how cryptocurrencies work. Negative interest rates don't have the same effect as inflation and could be implemented in code. Just because miners have the same nominal changes in their wallets doesn't mean that the effect on anyone else is the same.

I just don't think our current problems with currency go away just because we use cryptocurrency. There is no reason to. Central banks don't enact policies because it's fun but because they think it will have a certain effect. People will find a way to do so in the future. Whether it's called "Inflation" or "negative interes rates" or whatever is not relevant. The only thing that matters is what happens to people's money.

Oh, and it would be much easier if you would actually reply to my comments (instead of yours). If neccassary wait a few minutes to do so.