@elastic money
Elastic money just means introducing central points of failure, it also is useless to invest in it.
Elastic money also gets rid of the free market.
It can't even work.
There is a fundamental drawback of open source cryptocurrencies: anyone can copy the code and make a new one.
that's no drawback at all - that's where the real developement happens
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If you want stable money, you need low inflation since elastic supply doesn't work and high inflation stifles adoptions and investements. You'd end up with a commodity.