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A comment on MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset. Parent comment

Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ... by dnautics on Tuesday August 11, 2020 @10:48AM (#24120823)
What about government contracting? Is it a fair process to decide who builds a highway?

The Fed's activity is what drives the government's ability to pay it's contractors.

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Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ... by mac01021 on Tuesday August 11, 2020 @02:22PM (#24123815)
Why conflate regulation of the money supply with the ability to hire contractors?

If you want to increase the money supply, print some money and give it out.

If you want to fund highway construction, figure out how much it will cost and then raise that amount of tax revenue to pay the builders.

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Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ... by dnautics on Tuesday August 11, 2020 @02:58PM (#24124379)
That is a very naive view of how things work. (Though I agree that that is how things should work)
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Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ... by mac01021 on Tuesday August 11, 2020 @03:01PM (#24124424)
Well, we _are_ having a conversation that's all about how we think the system should work...
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