My comment explains in detail the specific mechanism I'm concerned about in a way that everyone can understand it. Your comment regurgitates something from a textbook that people have on reason to actually trust. I don't have a problem that you disagree with me. I have a problem that it's an argument from authority.
Also, I wonder if you're conceding that the Fed steals from the economy in general and gives to the super wealthy, and simply think that that's a necessary side effect of having a well-functioning economy. It seems like it.
Bitcoin is not a viable currency. It's value is not anywhere near stable enough. It's honestly incredible that you haven't even thought of the very first problem with using bitcoin as a currency. Yes, the rich abuse the current system. They will do the same with any system. Saying "we shouldn't ensure that our currency has predictable value because that would make the rich even richer" is insane when the rich will be richer no matter what you do.
> I have a problem that it's an argument from authority.
https://danluu.com/cocktail-ideas/ you are the developer who thinks building a bridge is easy. Please just admit that you don't understand what you're talking about.
> Bitcoin is not a viable currency. It's value is not anywhere near stable enough.
It can't go from zero to stable overnight. It has to start somewhere and gain stability over a long period of time.
> It's honestly incredible that you haven't even thought of the very first problem with using bitcoin as a currency.
You're behaving like a troll. There is an absolutely obvious objection to your prior sentence, but rather than see that, you pretend like it isn't the case, and attack me personally. You don't know me and you don't know my thinking.
You're also behaving as a troll because you've totally changed the topic instead of answering my direct objections to your prior comments.
I'm done talking to you. I assume your next comment will also be trollish, and I hope people see through it. But please just don't answer.
Also, I wonder if you're conceding that the Fed steals from the economy in general and gives to the super wealthy, and simply think that that's a necessary side effect of having a well-functioning economy. It seems like it.