In Reply:
If, what you say is true:
Why has doing bailouts been an accepted practice in every national economy on Earth for many thousands of years?
These are economy's are worth $77.609 trillion (estimation based on 2014 figures).
In fact: find me an economy on Earth, which has a publicly stated policy of never doing a bailout?
If, what you say is true:
Why has doing bailouts been an accepted practice in every national economy on Earth for many thousands of years?
These are economy's are worth $77.609 trillion (estimation based on 2014 figures).
In fact: find me an economy on Earth, which has a publicly stated policy of never doing a bailout?
Are you sure that's an example you want to bring up on a crypto forum?
How about this instead:
https://www.ethereum.org/
Quote
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
I think that about sums it up. Good game everybody.