> in terms of affordances and supply
Seems like you misread this part of my statement and replaced it with "price."
> to keep society up and running, to keep it from total collapse
Inflating the global reserver currency won't have this effect, it will only prolong the inevitable outcome. The reason we're in this situation in the first place is because of the US govt's mismanagement of the USD over the past five decades. I want out and crypto is my ticket, who are you to tell me I shouldn't be allowed to make this decision? I'm not telling you to stop using USD. I just want you to stop arguing for a crypto ban.
Re:Coinbase’s listing may break records
by workallday21 on Wednesday April 14, 2021 @08:52AM
(#26806352)
I think you are getting close to an explanation. You "getting out" weakens the system. You must be kept in.
https://louwrentius.com/cryptocurrencies-are-detrimental-to-...
> I can trust crypto because I can predict what it will do in terms of affordances and supply.
That sounds like a delusion. BTC is very volatile. When the music stops, there won't be enough chairs...
The Fed did hand out USD but that is for a very, very good reason: to keep society up and running, to keep it from total collapse.
I understand that keeping society operational is not very profitable for you, but I think it's rather nifty.