Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by pmorici on Sunday January 31, 2021 @05:28PM
(#25983231)
There is no reason that limited supply need be an inherent mechanism to a crypto currency.
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Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by itsdsmurrell on Sunday January 31, 2021 @05:56PM
(#25983443)
Yeah, I'm sure people would be happy to transact in a crypto with 1000% inflation \s
Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by pmorici on Sunday January 31, 2021 @10:50PM
(#25985336)
Historically people have been willing to use currencies with inflation like the US Dollar. The point is that any government could build a out a crypto version of their currency if they so wished and have the same inflation policies they use with paper money. The crypto part doesn't imply a specific monetary policy. Crypto just means you can use it peer to peer over the Internet without an intermediary.
Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by brianobush on Sunday January 31, 2021 @11:48PM
(#25985650)
Not all coins have limited supply, e.g., Ethereum does not.