1AjUnNeTbLY5rkmyGXMjBhZwfjjp9jKqin (24100) ·
1.) I rarely tweet about other coins than Bitcoin, but I must say, I have never met so much economic confusion, so much monetary insanity, so much naïve tinkerlust and an urge to plan the actions of others, as when eyeing parts of the Ethereum crowd.
Replies
1AjUnNeTbLY5rkmyGXMjBhZwfjjp9jKqin (24100) ·
2.) We have bright-eyed UBI schemers, theorists mumbling that immutability is tyranny and mutability is property rights. We have paper proof-of-work enthusiasts, fearing the cost of actual hard money production. Now take all this and add unicorn costumes.
1KHNmKRGrc8VvogxC8vEiL71zpho5CHnU2 (24077) ·
No one said it wouldnt be messy!
But hey in the end some will fail (deadcoins.com), some will do the deadman walk (bonds, nikkei) and others will aggressively conquer and grow atop the ashes of the legacy system.
1AjUnNeTbLY5rkmyGXMjBhZwfjjp9jKqin (24100) ·
I'm all for a free market. Was just baffled after a discussion with an ETH bro recently, who wanted to make the economy "efficient" by letting the State know of exactly all of your assets in your home, and decide which of them could be utilized elsewhere.
1KHNmKRGrc8VvogxC8vEiL71zpho5CHnU2 (24077) ·
That's one of the same features that the cbdc folks are attracted to. That and "improved effectiveness of monetary policy"
Strange seeing open source fans root for centralized systems and governance, in any form, code, monetary or otherwise