grlthng

6 ms·

1.
by grlthng 4y ago
If you are a merchant selling goods and services for money, and had the choice between transactions with finality and without, you will always chose transactions with finality.
2.
by grlthng 5y ago
> Inflation incentivizes investment Inflation induces investment and consumption. Ultimately, central bank wants to create GDP growth through inflation because any GDP growth is good, that's the basic dogma. Since we're talking
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by grlthng 5y ago
He expects you to mail them a batch of dollars with Fedex of course , lol.
4.
by grlthng 5y ago
Because its easy to take down an SQL database. You'd have to expend 68 TWh of energy to take Bitcoin down.
5.
by grlthng 5y ago
He's just incredibly confused because central banks officials avoid saying the word "money printing" or "creating money" so that the public doesn't panic or accuse them of creating something out of nothing. Ins
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by grlthng 5y ago
A low velocity financial instrument is still useful if it stores value, even if it has no other utility. Gold locked in a vault, rolex watch that is stored in a safe, stock whose voting rights are not utilized, a house that nobody lives in,
7.
by grlthng 5y ago
You'd have to be blind to not see that the "mainstream system" is the one flushing the climate down the toilet. Bitcoin is just a byproduct of the "mainstream system". It was created by it. It's like the waste
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by grlthng 5y ago
> If nations no longer control their money, does it mean they can go bankrupt? Yes, happens all the time where countries default on their debt obligations even when they "control" their money. > Would have the EU and the US
9.
Left/Right Political Ideologies in the Cryptocurrency Space(medium.com)
1 points by grlthng 9y ago|0 comments