> It's so much more complex than "young naive devs want to throw out the manual". Extremely valid criticisms towards central banking have existed since before central banks even existed.
Isn't a lot of Bitcoin/cryptocurrency ideology basically "Wasn't the gold standard great? Lets go back to something like that."? The gold standard may be have some positive attributes, but it also had problems that lead to its abandonment, and any new system should at least try to intelligently respond to those problems that central banking solves than to deny their existence or impact.
Isn't a lot of Bitcoin/cryptocurrency ideology basically "Wasn't the gold standard great? Lets go back to something like that."? The gold standard may be have some positive attributes, but it also had problems that lead to its abandonment, and any new system should at least try to intelligently respond to those problems that central banking solves than to deny their existence or impact.