Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Bitcoin is a clumsy throwback to the gold standard days. The rest of the world has long since discovered the benefits of elastic money supply--benefits proven both empirically and through the works of John Maynard Keynes, the father of modern economics.
Bitcoiners, gold bugs and other Austrian School vandals now wish to destroy decades of economic progress, thrusting the world back into pre-Keynesian economic darkness.
Luddites
OK. For the sake of the conversation let's assume I'm someone with the power of Mario Draghi.
-How fair is it that I can (literally) sign a Billion Euro check for "Friends n Family" and have no excuses to give to anyone?
-How fair is it that someone like me decides that a Continent's citizens are obliged to pay for MY check via their tax system?
-How fair is that someone like me decides to buy out any Mass Media in the continent to chirp whatever music I like to hear?