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A comment on Lets talk about blockchains. Parent comment

Re:Lets talk about blockchains by bilekas on Thursday April 28, 2022 @03:37PM (#31197207)
Hyper inflation is absolutely a problem. Not solved by the blockchain though..

I think you're referencing BTC in use as some kind of ubiquitous currency ? That would be an interesting use, until someone owns enough to influence the market, which, already happens, so it would make matters worse for more people

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Re:Lets talk about blockchains by disruptalot on Thursday April 28, 2022 @03:43PM (#31197286)
> Owns enough to influence the market

Meaning acquiring it fairly from the market?

As compared to fiat currencies, which can be issued and moved around with the snap of a finger. That's a net improvement.

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Re:Lets talk about blockchains by eMGm4D0zgUAVXc7 on Thursday April 28, 2022 @03:49PM (#31197348)
> Not solved by the blockchain though..

Uhm, why not?

As far as I see, the price of Bitcoin has actually even hyperDEFLATED.

It started below $1! Now it is at $40000.

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