Re:A faster, more efficient cryptocurrency
by keymone on Tuesday February 19, 2019 @01:37PM
(#19201501)
> Or BTC hodlers who've seen an 80% crash, perhaps
zoom out, you're embarrassing yourself.
> Your 'fix' doesn't actually fix anything and it makes a lot of things worse. That's why you get called on it.
that's just like your opinion man. no reason to continue, time will prove who's right.
Or BTC hodlers who've seen an 80% crash, perhaps.
> banks are providing some useful services, banks won't stop providing those services on top of cryptocurrencies
Then they, and I, have no incentive to use cryptocurrency.
>finally, if you're fine trusting politicians to run your financial system and regularly screw you up with inflation, financial meltdowns, bankruptcies, etc
So far the current sytems in western democracies have outperformed any other system, ever. Further, having a centrally controlled currency is a good thing, yes, it allows monetary supply to be altered and manipulated to support the economy. Unlike, say, gold, which turned out to be a bad choice for a currency.
I'd far rather have monetary policy set by a government, or a quasi-independent entity like the Bank of England, than by some geeks and a bunch of miners.
> claim nothing should be attempted to fix ...
Your 'fix' doesn't actually fix anything and it makes a lot of things worse. That's why you get called on it.