It's the other way around
Profits are driving inflation. When will politicians and the BoE admit it?
Comments ( https://news.ycombinator.com/item?id=36492201 )
That's ridiculous 😄
Meta buys shitcoin instead of Bitcoin, again.
https://carboncredits.com/meta-to-buy-almost-7-million-carbon-credits-from-aspiration/
Sats logo is cooler, but Bits are like 100 times better than Sats otherwise
"It was men's submission to the impersonal forces of the market that in the past has made possible the growth of a civilization which without this could not have developed; it is by thus submitting that we are everyday helping to build something that is greater than any one of us can fully comprehend."
- F. A. Hayek
As our world grows more and more complex, it becomes increasingly difficult for anyone to fully understand the forces at play.
In a complex civilization like ours, individuals must adapt to changes they may not comprehend: fluctuations in resources, shifts in occupations, and the increasing difficulty of attaining certain desires. These changes are influenced by countless circumstances that elude the grasp of any single mind; or even worse those affected attribute blame to obvious, immediate causes, unaware of the intricate interrelationships that truly determine these changes.
Even in a completely planned society,
explaining the need for people's job transitions or changes in remuneration would require explaining and justifying the entire plan, limiting the audience to a select few.
Aren't all sidechains like that?
To bloat the chain with more unnecessary tx's?
"cryptocurrencies like #Bitcoin."
What other "cryptocurrencies" are like #Bitcoin?
Those are all web clients
Time