Hacker Read top | best | new | newcomments | leaders | about | bookmarklet login

> No. The market does that. I'm not sure why you think this is different than how the value of, say, a dollar represents.

Well most markets aren’t made up of 95% fictional trades, according to an ETF that attempted to list two years ago.

> You misunderstand. Its not that direct. Central banks print money used to fund things like government loans (ie bonds), among other things.

You misunderstand. Central banks don’t print money, they set reserve rates, interest rates and they occasionally purchase and sell bonds. Nothing more.

> You're misinformed. Show me one way that bitcoin has lead to new kinds of corruption. I would be very surprised if you could name a single thing and have some credible information about it.

Ransomware and tether (unless you count the liberty reserve and even that was nowhere close).



view as:

Legal | privacy