Post
Topic
Board Press
Re: [2018/07/05]BIS Chief to Crypto Coders: 'Stop Trying to Create Money'
by
aso118
on 07/07/2018, 16:56:21 UTC
Let it better call on all governments to stop issuing new money and not to provoke inflation. But he does not do this because no one will listen to him and he himself is involved in the scheme of earning on inflation. Then why should we listen to him? Another denigrator of cryptocurrencies who is afraid of losing the monopoly on the control of money turnover.

If governments across the world had followed discipline in issuing fiat money, the need for alternative forms of money wouldn't have arisen. Even the supposedly sensible governments of the west have indulged in quantitative easing, with the financial crisis as an excuse. Bitcoin has now taken off and nothing can stop it.