No.
This is what I call extreme whataboutism.
Trying to paint the other in a very bad light so you don’t have to account for your own ‘misdeeds’.
No need for some kind of political discussion.
This is what I call extreme whataboutism.
Trying to paint the other in a very bad light so you don’t have to account for your own ‘misdeeds’.
No need for some kind of political discussion.
If Coinbase went and handed out a trillion $ worth of BTC to the wealthiest corporations in America over the past year, I would have my wealth in a different asset. Coinbase didn't do that with BTC though, the Fed did it with USD. I worked hard to earn this cash, why should I let someone else devalue my work without consulting me first?
https://louwrentius.com/cryptocurrencies-are-detrimental-to-...
> I can trust crypto because I can predict what it will do in terms of affordances and supply.
That sounds like a delusion. BTC is very volatile. When the music stops, there won't be enough chairs...
The Fed did hand out USD but that is for a very, very good reason: to keep society up and running, to keep it from total collapse.
I understand that keeping society operational is not very profitable for you, but I think it's rather nifty.
Seems like you misread this part of my statement and replaced it with "price."
> to keep society up and running, to keep it from total collapse
Inflating the global reserver currency won't have this effect, it will only prolong the inevitable outcome. The reason we're in this situation in the first place is because of the US govt's mismanagement of the USD over the past five decades. I want out and crypto is my ticket, who are you to tell me I shouldn't be allowed to make this decision? I'm not telling you to stop using USD. I just want you to stop arguing for a crypto ban.