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Re:Bitcoin Halving Just Occured by fidelramos on Tuesday May 12, 2020 @05:40AM (#23152162)
> That is complete nonsense. Bitcoin solves no actual problems, and instead tries to revert back to a previous monetary system that was abandoned because it was failing. The consensus among economists is that a deflationary currency is a terrible idea. This is the equivalent of medicine going back to routinely performing lobotomies: it doesn't solve anything, but causes a huge amount of harm.

There are economists I respect that hold cryptocurrencies in good regard. Exhibit A: Jeffrey Tucker.

Why Bitcoin is not performing as it should in the current economic crisis: https://youtu.be/RD08_5UO1k4?t=1211

Explains blockchain from an economic perspective: https://www.youtube.com/watch?v=PUqe2sLT9X8

Bitcoin scaling and Bitcoin Cash: https://youtu.be/fsLuC0Bl1-o?t=91

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