Re:Richard Stallman: We Can Do Better Than Bitcoin
by ricardoreis on Monday November 26, 2018 @06:26AM
(#18532553)
So the question was: "What problem does X solve?"
And your answer is: "Well, problem Y. Except it doesn't solve it."
Or am I missing something?
Re:Richard Stallman: We Can Do Better Than Bitcoin
by LoSboccacc on Monday November 26, 2018 @07:28AM
(#18532816)
Decentralized might solve problem Y. Bitcoin which is a subset of decentralized currency doesn't solve Y. Other currencies might, depending on how their value is anchored.
for example the central european bank deciding to devalue the euro, making us all 20% poorer in a few short months of 2016
not that bitcoin solves the fluctuation issue, but it's one of the issues that having a central bank gives us the people in our microeconomics when the politicians go all in on macroeconomics