Re:The political case for a blanket cryptocurrency ban
by baq on Wednesday March 31, 2021 @04:45PM
(#26652940)
Deflationary crises were common before the invention of the central bank and fiat currencies. Instead of believing go read some history.
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Re:The political case for a blanket cryptocurrency ban
by seibelj on Wednesday March 31, 2021 @06:47PM
(#26654128)
The historical incidents of deflation are insignificant and very few. The incidents of hyperinflation are common, and incidents of high inflation are guaranteed with fiat currencies with very few exceptions.