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A comment on Richard Stallman: We Can Do Better Than Bitcoin. Parent comment

Re:Richard Stallman: We Can Do Better Than Bitcoin by rando444 on Monday November 26, 2018 @08:28AM (#18533153)
While there is some truth in your argument, you are very clearly only focusing on one-side.

The problems that crypto-currencies attempt to solve are more to do with monetary policy. E.g. - you can't have things like quantitative easing / manufactured inflation if your money supply is dictated by a tightly controlled algorithm.

Whether or not that is a desirable overall policy is a wholly separate argument.

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Re:Richard Stallman: We Can Do Better Than Bitcoin by lsc on Monday November 26, 2018 @12:26PM (#18535013)
>The problems that crypto-currencies attempt to solve are more to do with monetary policy. E.g. - you can't have things like quantitative easing / manufactured inflation if your money supply is dictated by a tightly controlled algorithm.

If that's what you want... the extralegal aspect of cryptocurrencies is a big problem. I still have a few hundred bucks tied up in e-gold, which was perfectly setup to do what you want, and backed by real gold, but as a side feature was also convenient for black market transactions.

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