Re:Bitcoin's fungibility graveyard
by toomanydoubts on Saturday February 05, 2022 @07:04PM
(#30227744)
To be fair with OP, it's very frustrating to read US-centric responses when you're talking about issues that are not present there. Comments like "it's against the law" or "that's not how the energy industry works" or "software engineers are overpaid" might seem innocent enough, but are really frustrating for those readers who understand that the fact we all speak English online doesn't mean we are all from USA.
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Re:Bitcoin's fungibility graveyard
by jonathan-adly on Saturday February 05, 2022 @07:19PM
(#30227863)
Exactly. Relevant to this discussion, if you are living in a Euro/USD country where everyone will happily accept your currency and you can indirectly affect monetary policy then why would you care? Of course, cryptocurrency would seem useless to you.
Itβs not the same everywhere though!
If you want a free society you have to live like you're in one.
Closing debate on any topic is not a free society.
I know of no country where the average citizen can affect the monetary policy of their currency.
Otherwise we wouldn't have had two full years of central bank-fueled upwards wealth redistribution almost everywhere in the world.
Re:Bitcoin's fungibility graveyard
by jonathan-adly on Saturday February 05, 2022 @09:14PM
(#30228603)
In abstract theory, in the US - you get to elect the president who nominates folks at the central bank and congress (again, elected) confirms them.
I agree with you in reality though. The average person have 0 input in the monetary policy in America or Europe.