Bitcoin is fairer than most currencies however its not the perfect system. The perfect system in my eyes would employ a type of socialism approach rather than the current "rich get richer".
Yeah, the basic idea of bitcoin is about mining, and with mining in the table, even the Satoshi cant print bitcoin at will, that is why no one can control the creation of bitcoin except the miners, but the FED can simply print money, which is a far fetch to just mining. Mining is fairer system no doubt.
[/quote]
.
This is wrong. The most elite cannot just print money off for the sake of it.
It is a contradiction.
https://tradingeconomics.com/united-states/money-supply-m0There is a sharp trajectory from year 2008 the time btc was created to the year 2018, from 1,000,000m to 4,000,000m of m0 supply, it doesnt took a genius to know a 400% of printing money, Im not sure whats going on with the supply increase and I doubt no one can tell that in a understandable manner, and the only person who can print money? Not you or me, but there is only one guy who can, and the guy cant tell whats going on too? They tell me they can create money at their will but the chart tell a different story, of course I dont expect any answer that can justify what they say and what is going on.