Replying to Avatar GrumpyGardener

This is how nation states will screw their citizens in 50 years. For now, we're still on the Bitcoin standard, but I'm convinced the commies have already invaded this space to get back to money printing.

Central banking is central to communism. It's a devilish design, but the need it, or everything else falls apart.
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τέχνη 1y ago

Inflation goes hand in hand with all kinds of degeneracy. And inflation requires fiat (custodians).

Anyone in favor of the original bitcoin vision should be pushing for drivechains or something like it

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GrumpyGardener 1y ago

Whatever it is, it needs tie back to layer 1 so that things can be confirmed without trust. The idea of mints reaks of central banking and going right back to shitcoinery.

Literally going right back to the same issues we had with gold but with digital layers. So dumb. We're losing the forest for the trees.