Capitalism means free markets. Your money is centrally planned, like in the Soviet Union, that’s the opposite of a free market.
Together we can build something that was lost to company execs, shareholders and modern capitalism.
Capitalism means free markets. Your money is centrally planned, like in the Soviet Union, that’s the opposite of a free market.
I consider the US not capitalist because the most important component of the economy, money, is centrally planned by a small committee of insiders. Broken money leads to broken markets. I’d be ok with calling it crony capitalism.
And then one volcanic winter can potentially wipe out humanity.
Meanwhile bankers print another trillion USD every 100 days…
That’s not limited to Germany.
Yup, it was clear from his policies that prices would go up initially, this is not surprising. The question remains if things will improve in the long run, and the article says that inflation is slowing, which was the goal. You just said it went 25->20->14, seems too early to judge where this goes.
Hm, maybe this guy is onto something, I hope things improve there.
The financial system is self-reinforcing, it was created by politicians so that they could do debt financed popular things, then the banks and rich could exploit that system for their own benefit and in turn fund politicians who keep the system running.
Policymakers must act
Hahaha. “Policymakers” created the system that leads to this inequality, and they benefit from it. It’s like asking swingers to promote chastity.
Btc was distrubuted as fairly as anything else
Ever heard of ethereum premining? Or which programmable shitcoin are you talking about?
it’s not as stable as since we have stablecoins
Ouch, fiat thinking. Bitcoin has a stable issuance schedule (changed over and over in eth for example), that’s what I’m talking about.
scarcity means nothing
Like I said, you don’t understand money or economics. Aristotle already knew that money has to be scarce.
it’s decentralised as much as anything else
I guess your dear leader Vitalik doesn’t exist. Or, again, which shitcoin?
Today all what btc does is pollute.
Haha, at least now I know you’re a proof of stake shitcoiner. Probably eth. Proof of work solved a problem proof of stake doesn’t: trustlessness.
You can’t do anything with it.
You know which currency you can do by far the most with? The USD. Are you bullish on that?
This is how tech people often think because they don’t understand economics and the value bitcoin provides. Bitcoin was distributed fairly, is stable, is scarce, and most importantly, is decentralized. Probably all “programmable” shitcoins have zero of those properties and the market reflects that.
As a bitcoiner I couldn’t agree more, please don’t make another cryptocurrency.
Wait until you hear about cash! We should outlaw that immediately.
Sounds like a sensible proposal, by domain or by tld.
Are you one of the people who thinks what you don’t know doesn’t exist? How did you manage to find lemmy if you can’t use a search engine?
If you think “crypto” people came up with this I have bad news for you, spamming is as old as the internet, and adding ads to repos is not new. Btw, “cryptobro” is a sexist term that excludes women.
I just went for a run. Up the hill.
Last time I checked sway did not support everything in my i3 config file. I’ve been testing wayland for the last decade or so, it never managed to deliver on its promises.
Indeed. State-run centrally planned money isn’t private.