WingNews logo WingNews
top | item 26389137

(no title)

49para | 5 years ago

Fiat currencies are an almost perfect exploitation of humanities fatal flaws (greed, unwillingness to acknowledge externalities - i.e. selfishness).

Fractional reserve lending are an almost perfect exploitation of humanities fatal flaws (greed, unwillingness to acknowledge externalities - i.e. selfishness).

discuss

order

hannasanarion|5 years ago

The difference is that those things are actually useful.

Also, bitcoin is fiat.

dmingod666|5 years ago

Correct, but, it is finite and it cannot be inflated away from you.