Are cryptocurrencies/electronic money the way forward for the global economy?
Will it be the end of the petrodollar hegemony?
22-25, F
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QuixoticSoul · 41-45, M
Khenpal1 · M
electronic money is not the same as cryptocurrencies. Worlds currency reserves looks like 60% dollar , 20 % Euro and 2% the rest.
Burnley123 · 41-45, M
It's a faddish pyramid scheme with undeserved anti-establishment kudos.
OggggO · 36-40, M
Nah, they're a shell game.
Quetzalcoatlus · 46-50, M
Too volatile.
This message was deleted by its author.
This message was deleted by its author.
OggggO · 36-40, M
@checkoutanytime [quote]states were given the authority to regulate their own currencies.[/quote]
They were not.
[quote]wasteful spending on subsides with no return of investment do depreciate value.[/quote]
Actually, social spending has a multiplier effect. It's documented to increase the value of the economy by more than is spent.
They were not.
[quote]wasteful spending on subsides with no return of investment do depreciate value.[/quote]
Actually, social spending has a multiplier effect. It's documented to increase the value of the economy by more than is spent.
checkoutanytime · M
They did.