> Some things take a long time to fail, but will undoubtedly fail. There are numerous examples of failed fiat currencies in modern times and ancient times. Just because dollars, euros and yen survive now, doesn't mean it will survive forever.
I take it that goes for gold too, then?
> The rules for money should be transparent, mathematical, algorithmic.
1) Sez who?
2) But OK, if we stipulate that: How are ordinary fiat currencies any less so than blockchain just-as-fiat ones?
I take it that goes for gold too, then?
> The rules for money should be transparent, mathematical, algorithmic.
1) Sez who?
2) But OK, if we stipulate that: How are ordinary fiat currencies any less so than blockchain just-as-fiat ones?