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reedjosh | 3 years ago
> those who have the hardware and made billions, compared to those who did not and who were at the mercy of fluctuations.
I don't know what you could even mean. Having hardware just means you can mine BTC. Miners still deal with price fluctuations, and in no way have they been able to control or print BTC.
> ...it has nothing to do with democratisation or taking the power away from the government.
If the government couldn't take limitless loans from the Fed which creates debt from nothing -- a fancy way of saying print money -- if the government couldn't print money it would have to tax for it's expenditure and would be naturally constrained in it's power.
I honestly can't understand any of your positions and can only believe you're incredibly uniformed about the reality of money, power, and the genisis of and technology behind many crypto currencies.
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