Hacker News new | ask | show | jobs
by AC__ 4021 days ago
I'm disconnected from reality? So how do you view the global monetary system working 10 years from now? Will the world be using U.S. petro-dollars? Can the fed print off another hundred TRILLION and avoid hyper-inflation. Like it is all well and good to say I have my head up my ass but can you give me some of these answers?
1 comments

Why would the world shift from a currency that is economically and politically entrenched via trade and treaty?

What would Bitcoin solve that the USD doesn't?

Why would the world accept a technological "solution" whose implementation already contains dire technical problems?

What makes you think hyperinflation is a realistic outcome?

If I grant you a world that decides fiat model is Bad, why would they choose a system that is inherently centralized? One whose early adopters and hoarders have been manipulating the crypto-currency market for their advantage for years? One whose transaction history is public to _everyone_? One that only has a handful of gatekeepers, that have been proven to work with governments and have been caught delaying transactions to profit from the change in the price in Bitcoin?