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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
My biggest concern long term with a decentralized digital currency is that tyrants are obsessed with control. So if it gets too big, they'll figure out how to ruin the party. No doubt they are going to try. Actually they already are trying, look at what they did with Monero, putting a bounty out for anyone who could crack it. Still, I'd say that the fact that they are against is just another reason to support it.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Won't argue that having some cash on hand is always a good idea. Even lots of it on hand.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Dec 2013
Posts: 13,127 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,127 Likes: 7 |
Won't argue that having some cash on hand is always a good idea. Even lots of it on hand. Good idea, but remember Joe and the Ho can make it almost worthless overnight. We owe TRILLIONS and inflating the currency is the only way forward. That's been the case ever since we never paid for WW 1.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Won't argue that having some cash on hand is always a good idea. Even lots of it on hand. Good idea, but remember Joe and the Ho can make it almost worthless overnight. We owe TRILLIONS and inflating the currency is the only way forward. That's been the case ever since we never paid for WW 1. Truth. But I’ll keep it close by.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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