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Fair to say bitcoin fixes this particular large and important class of currency failure, by taking away the power to print it to death?
by datadata 4y ago
Fair to say bitcoin fixes this particular large and important class of currency failure, by taking away the power to print it to death?
- albntomat0 4y agoThat it does, but I understand that Bitcoin's deflationary by default nature has also been criticized. Bitcoin also adds new failure cases such as irreparably losing money through address typos and lost/failed hard drives, not to mention the numerous & exciting failures in DeFi.
- UncleMeat 4y agoYes, while introducing a host of other very serious problems.