- cross-posted to:
- buttcoin@awful.systems
- bwockchain@lemmy.ml
- cross-posted to:
- buttcoin@awful.systems
- bwockchain@lemmy.ml
cross-posted from: https://lemmy.ml/post/46379297
Source: r/buttcoin
cross-posted from: https://lemmy.ml/post/46379297
Source: r/buttcoin
I think a lot of people keep jewelry as a hedge against currency crashes/bank collapse. I believe there are also federated cryptocurrencies that are probably more efficient that PoS (Ripple and Stellar; probably more too). Most cryptocurrencies are disinflationary, which causes other problems. Predictable inflation, even if somewhat high, is generally beneficial to capitalist economies (incentivizes people to invest/spend instead of hoarding).