Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by FridgeSeal on Wednesday March 17, 2021 @10:07PM
(#26499069)
To add to this, crypto communities _appear_ (I’d be pleased to be wrong here if anyone has examples) to be filled with people who are absolutely opposed to any kind of economic governance, if it’s not “let the magic hand of the market decide” they’re seemingly not interested.
[ Parent
| on HN ]
Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by seibelj on Thursday March 18, 2021 @12:37AM
(#26499711)
You have an entire world full of governments and fiat currencies. If they are so superior then there should be no problem with competition from Bitcoin.
Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by Priem19 on Thursday March 18, 2021 @03:41AM
(#26500404)
“Simply because cancer occurs naturally doesn't mean we shouldn't treat it. In the same vain, sometimes the “free market” just screws up, requiring intervention.” —https://www.cynicusrex.com/file/cryptocultscience.html
Bitcoin and cryptocurrencies in general are pyramid schemes. They deserve no place in the economy.
Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by kortilla on Thursday March 18, 2021 @02:08AM
(#26500032)
Yes, they are opposed to having their assets diluted by a government they have no say in.
Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by X6S1x6Okd1st on Thursday March 18, 2021 @10:20AM
(#26502959)
If you want to challenge that belief look into governance by DAOs and some of the airdrops like UNI.
There's def crypto communities that dream of paying everyone a basic income in their currency, identifying each individual and not completing devaluing the coin are big problems though
Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by matheusmoreira on Thursday March 18, 2021 @06:24PM
(#26508166)
I'm not convinced this "economic governance" offers any benefits.