The billionaire, in another escalating feud with Trump, suggests that crypto could be part of his plan to disrupt American politics.
Who cares what either one of those assholes says.
it’s all reality tv fake drama bullshit to make people divert attention away from the plundering of the 99%
You order a burger at the drivethru for 0.000093 Bitcoin. By the time you pull up to pay, the burger cost 0.000095 because of the market. A burger can cost twice as much this time next year, or half as much. Can you imagine a 100% inflation rate? Can you imagine the shit show it would be managing wages? Either your employer may keep your current income and not adjust for the 100% inflation, or be have to update it every pay period.
The idea behind crypto currency was a solid attempt at an independent, universal, and private currency system, but it’s volatile pricing and possible abuse is too great. Even the crypto currencies that attempt to fix this aren’t doing a great job. At the end of the day, any form of currency generation is going to be abused. I know the US can print more dollars, but other countries can hold the US accountable for that and compensate for inflation in their exchange rates. Only the market decides on Cryptocurrency exchange rates, which is far more volatile.
plus, you know for a fact that the party won’t do any sort of regulatory bodies on btc to prevent excessive volatility or scamming.
Time to switch to the Euro.
Spare some eddies, choom?
America Party… god damn, what a fucking a tool
There it is.
