Re:The political case for a blanket cryptocurrency ban
by kaliali on Wednesday March 31, 2021 @07:50PM
(#26654795)
The real reason why anyone I know wants cryptocurrencies is to escape inflation and control. The US financial system will collapse, it's not a matter of if but when. You can choose hyperinflation, government seizing assets, government declaring bankruptcy, or cryptocurrency.
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Re:The political case for a blanket cryptocurrency ban
by ibrahimsow1 on Wednesday March 31, 2021 @11:43PM
(#26656454)
A highly developed sovereign government will never go bankrupt. Just experience economic turmoil. They can print more money, or draw on their deficit. US is the world reserve currency and will be for the foreseeable future. Fiscal policy in the US could comfortably control inflation, before it becomes hyper.