Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by colordrops on Wednesday November 01, 2017 @11:51AM
(#15602409)
There is an implication here that there is only one way to address the boom and bust cycle. Furthermore why is the root cause of boom and bust not addressed? Currency manipulation seems like a bandaid for a gunshot wound.
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Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by silverbax88 on Wednesday November 01, 2017 @09:58PM
(#15607225)
That is certainly not an implication. However one significant root was identified: a fixed amount of fiat. That is exactly what this addresses.