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A comment on Crypto lobbying is going ballistic. Parent comment

Re:Crypto lobbying is going ballistic by kazen44 on Wednesday December 08, 2021 @04:51AM (#29482848)
Are decentralised protocols really more reliable? I highly doubt it.

The reason the dollar is so strong is because it is backed by a goverment which will use its power to guarantee the dollar does not collapse. The same goes for the Euro, yen, RMB etc.

When hyperinflation kicks in, will a decentralised protocol step up and try to curtail it?

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Re:Crypto lobbying is going ballistic by uh_uh on Wednesday December 08, 2021 @05:11AM (#29482993)
When hyperinflation kicks in, will the United States military step up and try to curtail it?

If so how?

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Re:Crypto lobbying is going ballistic by throwaway52355 on Wednesday December 08, 2021 @05:17AM (#29483042)
The dollar is strong? Against what? It and all the other fiat currencies were losing their worth for decades.
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