Re:A second Bitcoin exchange collapses in Turkey amid crackd...
by jukabo on Monday April 26, 2021 @11:01AM
(#26943209)
Bitcoin is doing exactly as it was intended. Disrupting the ability of corrupt governments to print unlimited currency. If it wasn’t working, they wouldn’t be banning it.
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Re:A second Bitcoin exchange collapses in Turkey amid crackd...
by krastanov on Monday April 26, 2021 @11:46AM
(#26943804)
There are plenty of other ways to store value that is neither governmental nor cryptocurrency. Bitcoin is supposed to be better than them because it can not be as easily stopped/banned. That last promise does not seem to hold (yet?)
Re:A second Bitcoin exchange collapses in Turkey amid crackd...
by insert_coin on Monday April 26, 2021 @11:30AM
(#26943582)
But, they haven’t stopped printing have they?
Turkey will print money until they collapse, or other countries step in and “help them”. Bitcoin will not prevent that.
Venezuela has never printed more.