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by jokethrowaway
1407 days ago
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Not because of volatility It's because of fractional reserve and banks and governments colluding to print money out of thin air or just spend most of it. Volatility is a different problem: I agree btc is not the solution, we need a political solution for that. And maybe a currency backed by real things (not necessarily precious metals, common goods would represent the economy better). Either the bank has it and I can get it anytime or it's fraud. |
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Have you ever considered that the way money is currently structured requires ever more creative solutions that sound pointless and counterproductive yet are entirely necessary to keep it alive?