Re:The Cryptocurrency Singularity
by ramontayag on Wednesday September 06, 2017 @06:18PM
(#15187589)
I certainly may well be confused. I don't have an economics degree and just find the field fascinating. One reason I put it here is that there are many bright people not seemingly hesitant to share their opinion. Thanks for this! Mind expounding further?
I don't think he has a good understanding of what money is or how it works.
It seems he thinks that there is limited quantity of dollars (or whatever) stacked under mattresses or something and that people is going to start spending them in order not to get stuck with them. It's funny.