Man who robbed bank to get his own money back hailed as national hero

Re:Man who robbed bank to get his own money back hailed as n... by jokethrowaway on Saturday August 13, 2022 @09:34PM (#32455517)

Not because of volatility

It's because of fractional reserve and banks and governments colluding to print money out of thin air or just spend most of it.

Volatility is a different problem: I agree btc is not the solution, we need a political solution for that.

And maybe a currency backed by real things (not necessarily precious metals, common goods would represent the economy better). Either the bank has it and I can get it anytime or it's fraud.

[ Parent | on HN ]

Re:Man who robbed bank to get his own money back hailed as n... by imtringued on Sunday August 14, 2022 @03:20AM (#32457209)

>It's because of fractional reserve and banks and governments colluding to print money out of thin air or just spend most of it.

Have you ever considered that the way money is currently structured requires ever more creative solutions that sound pointless and counterproductive yet are entirely necessary to keep it alive?

[ Parent | on HN ]