-2 karma · joined April 28, 2016
Go look at USD/YEN movement, 1-3% movements occur daily, if you were to purchase YEN with USd and later refund to USd you could end up significantly up or down.
But the wealth YEN represents is many many magnitudes greater than Bitcoin. When YEN appreciates by 2% that influences hundreds of millions of people and business, and guess who is pulling that lever, a small cabal of corrupt bankers.
They are dragging the world into another great depression, destroying the lives of billions along the way.
At some point it gets tiresome to speak with those who have no understanding of economics nor history.
Can you defend the last 8 years of Central Bank policy, are you even schooled in this area of study? Your criticisms are naïve.
Bitcoin solved a problem, whether that problem needed solving or will be extremely fruitful is for the future to determine.
The fact that a 4+ billion dollar stateless currency exists is pretty amazing to me.
Personally I think the anti Bitcoin crowd is also the pro government crowd. You know, the people who support torture of innocents, assassinations, genocide, etc etc, but I'm sure I'm just some nut -- yeah I'm the nut, not the people who talk about laws And justice while shrugging off torure.
Amazingly gross display of hypocracy.