Re:EU plans to make Bitcoin transfers more traceable
by rowanG077 on Wednesday July 21, 2021 @07:18PM
(#27913388)
You assume economics is a zero sum game. Which I don't think is even remotely proven.
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Re:EU plans to make Bitcoin transfers more traceable
by franga2000 on Thursday July 22, 2021 @04:40AM
(#27916758)
To not make it zero-sum, money would need to either have to be created in a transaction or somehow raise its value. The former clearly doesn't happen and is a terrible idea and the latter doesn't either and even if it did, it would affect both sides (rich an poor) equally (as a ratio, not absolute) and therefore even widen the gap in purchasing power.
Re:EU plans to make Bitcoin transfers more traceable
by rowanG077 on Thursday July 22, 2021 @05:17AM
(#27916932)
Money is literally created every day. It's exceedingly easy in fact.
Re:EU plans to make Bitcoin transfers more traceable
by franga2000 on Thursday July 22, 2021 @05:31AM
(#27917010)
Yes, but because the amount in circulation goes up, the value of it goes down. And it's not like the money that is created benefits the poor - it just allows rich people to borrow more probably make even more money from their "investments".