Re:10 years of whatever this has been
by dclowd9901 on Thursday November 18, 2021 @02:20AM
(#29262930)
But it isn’t. Fiat currency is tied to a _countries_. What tanks are going to line up to save an attack on crypto? What standing militaries defend crypto? Exactly.
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Re:10 years of whatever this has been
by koonsolo on Thursday November 18, 2021 @03:19AM
(#29263299)
If nobody believes in fiat anymore, which police and soldiers will be willing to fight for it?
The government, you know, that thing that has a million other uses, will always want control over the currency.
If the crypto point of view is that no one should control currency, first of all, that's super naive and secondly, that puts it on a collision course with governments.
My money's on governments winning.
Re:10 years of whatever this has been
by koonsolo on Thursday November 18, 2021 @06:39AM
(#29264350)
Putting the central bank under direct government control is a very bad idea. That's why most major countries don't allow that.
That's pretty recent actually. So in some sense, government is already losing power over money.