Re:Bitcoin could become ‘worthless’, Bank of England warns
by imaginator on Wednesday December 15, 2021 @07:11AM
(#29564870)
Zimbabwe has entered the room. Also had a central bank before the last round of hyperinflation/reset. One could argue that the lack of a central bank is a feature. What other differences would would you imagine distinguish bitcoin from central bank currencies?
Re:Bitcoin could become ‘worthless’, Bank of England warns
by kergonath on Wednesday December 15, 2021 @07:28AM
(#29565051)
“One state is doing terribly” (or even a handful of them, before someone mentions the Weimar republic) really is not equivalent to “it is impossible for a state to do it well”.
This is by no means exhaustive, there are a myriad of differences