Re:Bitcoin Will Probably Never Be Embraced by the U.S. Gover...
by alexasmyths on Thursday December 21, 2017 @12:21PM
(#15980711)
"Bitcoin doesn't lend itself to any of those Keynesian tricks."
A) Monetary policy is not 'Keynesian' - and it's a handy thing, which is why everyone does it, and nobody has a perfectly hard currency.
B) BTC is not a currency, it's perfect rigidity - ironically - is what attracted many speculators in the first place, killing it's usefulness as a currency.
A) Monetary policy is not 'Keynesian' - and it's a handy thing, which is why everyone does it, and nobody has a perfectly hard currency.
B) BTC is not a currency, it's perfect rigidity - ironically - is what attracted many speculators in the first place, killing it's usefulness as a currency.