Post
Topic
Board Announcements (Altcoins)
Re: Nxt :: descendant of Bitcoin - Updated Information
by
swartzfeger
on 30/12/2013, 12:09:02 UTC
It is very different thing. There will be a predefined rule of how thing is going to work not an arbitrary central bank who decide how much money to spend and which bank to bail out.
I am all for freedom and decentralization. But if a system want to survive it has to stay on an equilibrium, the system is flawed if there is a tendency toward a disequilibrium where all economic activities come to a halt as all nxt become dead money sitting there does nothing.
That is a feature of the system which needs to be thought about.

What Would Milton Do?

Who says the system isn't in equilibrium?

Once we stick our fingers in the pie, it's game over. Who gets to play Bernanke, Lagarde, et al?