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Solid Snake07 07/15/19 4:38:19 PM #1: |
I have some questions
First, why do you think crypto is the future of currency? My understanding is that it's selling point is that its decentralized from banks and government bodies, but why is that necessarily a good thing? Dont you want currency to be backed by governing institutions? --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle ... Copied to Clipboard!
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Squall28 07/15/19 4:39:27 PM #2: |
It's a Ponzi scheme.
--- If you're going through hell, keep going. -Winston Churchill ... Copied to Clipboard!
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EndOfDiscOne 07/15/19 4:47:19 PM #3: |
Solid Snake07 posted...
First, why do you think crypto is the future of currency? I'm not necessarily convinced that it is, but I am interested it Bitcoin as a store of value due to the scarcity of it. My understanding is that it's selling point is that its decentralized from banks and government bodies, but why is that necessarily a good thing? Dont you want currency to be backed by governing institutions? Not really. Government backing works because we have faith that the government pays their debts. That may not always be true. I'm no expert in crypto by any means, but I am learning. There are others here who know way more than I do. --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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