Evolution of the monetary fiat systems and altcoin systems in the 21sth century; peace at the B1007-equilibrium
- Those altcoins that want to hold on firmly to their anti-Keynesian ideology and refuse to regulate the market will be losers in the end; stay away from them
Interesting Ideas, but i must say that sentence need some arguments.
I have some counter arguments already.
1. Gold is a anti-Keynesian "currency" it works as competition to Fiat
2. anti-Keynesian Altcoins will act like Gold, as a competition to Keynesian Coins
greetings
Good arguments. However, the value of gold and fiat currency are intertwined in different modus operandi. Also unlike gold, which is mostly a store of value for investors, crypto currencies are intertwined with the real economy (merchants and consumers) since it's also a currency for daily use and thus its value needs to be stabile in order to be able to gain trust from merchants and consumers. As such both gold and crypto currencies cannot be compared with one another. But thanks for showing interest in my ideas
It's nice to have some thorough conversations with people who are here not just to grab some quick bucks, but to discuss the economic pillars/applications within the wider economic monetary context as well