Hacker News new | ask | show | jobs
by xalava 2067 days ago
The technology side is secondary. However, if it wasn't for cryptocurrencies, we wouldn't be discussing this topic today. Bitcoin has proven that it was possible to build an open financial infrastructure, and has inspired many similar projects.

The hybrid fiscal/monetary policy is an interesting perspective, especially in those times. My understanding of ongoing debates is that there is no clear strategy yet.

1 comments

I mean read the text of the act that I linked to though. It's only about a page and a half long. And it has absolutely nothing to do with crypto. It's just a technicality around how existing bank accounts work.

Also I really disagree with that premise. This is fundamentally a monetary policy issue and we'd be in the same position whether crypto had come around or not. The only difference is they would have called it something else.