Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by colordrops on Wednesday November 01, 2017 @11:49AM
(#15602392)
The growth mindset precisely why we are headed for ecological destruction. What's wrong with holding?
[ Parent
| on HN ]
Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by pimmen on Wednesday November 01, 2017 @11:58AM
(#15602497)
We don't just spend money on consumer products and food. We need more health services, research, water, education, affordable housing and much more. None of this is free, all of it is dependent on people making money producing this stuff. No demand, no stuff.
Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by altern8tif on Wednesday November 01, 2017 @12:09PM
(#15602621)
If everyone kept all their cash under their mattresses, what makes you think your employer would be able to pay your salary? Where would your employer get the cash to pay you?
A healthy economy requires money to flow through it at a healthy, manageable rate.