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Re:Inequality, Interest Rates, Aging, and the Role of Centra... by 1vuio0pswjnm7 on Friday December 30, 2022 @04:00AM (#34183289)
Minting ("mining") fake money and selling ("exchanging) it for real ("US government-backed") money. Yet the stated goal is to get away from the real money. Funny how that works. Tax evasion maybe. Money laundering. What else.

Perhaps wage/capital income inequality is not one of the countless problems that cryptocurrency will someday solve. Crypto is a problem solver. Need US-backed fiat. Problem solved.

More likely, crypto is just another internet-based "Gold Rush" drill. Like domain names. Artifical scarcity of (dirt cheap getting cheaper) digital resources.

Who is moving to Cryto-land. Brave pioneers will be rewarded.

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