Re:What Is Cryptocurrency: Everything You Need to Know
by ianai on Tuesday November 15, 2016 @03:52AM
(#12956592)
It's built to have a near constant stock of currency. There's literally no room for stimulus. I can appreciate that people may not agree with stimulus, but it was the only thing that ended the first Great Depression.
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Re:What Is Cryptocurrency: Everything You Need to Know
by mirimir on Tuesday November 15, 2016 @04:08AM
(#12956644)
OK, so I'm not an economist. But arguably it was WWII that ended the depression. And yes, the war was largely financed by printing more money.
So maybe you base currencies on Bitcoin. Some people can keep using Bitcoin for trade, just as some use gold now.