Monday, 29 April 2019

Trust as a currency.... the USA $ is based on trust alone. Nothing else. That trust can fade just like in 2008 when banks halted lending. MATH can never lose trust.

Inflation is a hidden tax. Good money replaces bad money. Don’t you want a currency based on the ultimate trust (math) and agreed upon inflation that decreases till 2140 unless consensus agrees to do a 0.5%. We in current era, don’t need to worry about that. We get to enjoy the adoption years.

Future generations that aren’t born yet will look back this thread to see how we judged bitcoin in its early days. We relied on math as trust over human judgment (central banks).

submitted by /u/KalEll66
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from Bitcoin - The Currency of the Internet http://bit.ly/2ILmtzL

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