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Re:Kazakhstan to restrict crypto miners amid power shortages by honkycat on Wednesday November 03, 2021 @02:25PM (#29098494)
Government induced inflation is a useful tool for controlling food prices and other economic concerns.

Allowing people to abandon their currency for another one only used by wealthy people could starve people who do not make enough money to catch up.

Look at the housing market. It has become a store of wealth. And now people can't afford housing and we have a massive unhoused epidemic.

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