...or by the family, or by their investments, or by charity.
Not by hoarding currency
I have used some of those words in my text here but unregulated isn't really true. Bitcoins is the most tightly regulated currency in the world
It is mathematically regulated which frankly is key to its success. Who the heck would use a currency which is completely unregulated?
In fact part of the failure of the US Fed and some other modern central banks is their de-regulation. They are no longer controlled by set standards or by the democratic process but by a pseudo-private, quasi-secluded council which is "independent" from government policy.
Not by hoarding currency
I have used some of those words in my text here but unregulated isn't really true. Bitcoins is the most tightly regulated currency in the world
It is mathematically regulated which frankly is key to its success. Who the heck would use a currency which is completely unregulated?In fact part of the failure of the US Fed and some other modern central banks is their de-regulation. They are no longer controlled by set standards or by the democratic process but by a pseudo-private, quasi-secluded council which is "independent" from government policy.
The reason it appears "independent" is because the public face of politics is but a shell game. A thick glass wall against which we may pound our fists when we expect things to be changed or done. Democracy is a hollywood movie illusion portrayed to give us the impression that were not beig shafted quite as hard as we really are.
The truth of the matter is that some families run things regardless of what party is voted in, politics is mere pantomime, if you really think a country changes its macro gameplan depending on the outcome of elections then you truly are naive. You would be wise to follow the money if you wish to analyse current power structures.