Re:Nouriel Roubini: Bitcoin is not a hedge against tail risk
by hn_throwaway_99 on Wednesday February 10, 2021 @12:39PM
(#26092279)
> It takes control of the money supply out of government's hands - which on balance, I believe is probably a bad thing in a democratic country.
Of course, no country, democratic or otherwise, will allow this to happen. The idea that you can have monetary policy exist outside of government control is a bit ludicrous. Government does still control the guns after all, and they can make anything they want illegal, as the US has done with gold in the past.
Of course, no country, democratic or otherwise, will allow this to happen. The idea that you can have monetary policy exist outside of government control is a bit ludicrous. Government does still control the guns after all, and they can make anything they want illegal, as the US has done with gold in the past.