Re:Bitcoin is a disaster
by ineedasername on Thursday December 31, 2020 @07:48PM
(#25599312)
I agree that governments can manipulate their monetary policy in ways that are not in the best interests of their people. But I also don't see how widespread crypto currency would 1) have prevented the '08/'09 financial collapse, and 2) it appears that fiat monetary policy has more flexibility in responding to such crisis by inserting liquidity, facilitating the controlled dissolution of defunct financial institutions, etc.
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