News for hackers. Stuff that matters.
Re:IMF Head Foresees the End of Banking and the Triumph of C... by notahacker on Monday October 02, 2017 @11:24AM (#15384492)
A large share of an asset which appreciates over time is a permanent ongoing reward. The effect of a conventional fractional reserve currency is the opposite; inflation erodes the value of currency holdings unless they're directly or indirectly invested in producing stuff (Sure, who has access to what investment opportunities isn't even and nor is the initial distribution of wealth, but cryptocurrency doesn't attempt to solve that problem)

There are no comments on this comment yet.