@themaninblack to [email protected] • 10 months agoBlockchain: the wave of the futureimagemessage-square331arrow-up11.96Karrow-down169
arrow-up11.89Karrow-down1imageBlockchain: the wave of the future@themaninblack to [email protected] • 10 months agomessage-square331
minus-square@[email protected]linkfedilink-8•10 months agoY’all prefer to have the government and banks in charge of money instead? seriously?
minus-square@General_Effortlink12•10 months agoWhat I don’t want in charge, is a shadowy cabal of a few rich people only bound to the maximization of their own profit. I’m not paying extra to remove what little democratic control there is in the existing system.
minus-square@[email protected]linkfedilink-2•10 months agothe shadowy cabal of a few rich people is called the Fed, it’s privately owned by all the banks. there is no democracy in the existing system
minus-square@General_Effortlink1•10 months agohttps://en.wikipedia.org/wiki/Federal_Reserve_Act https://en.wikipedia.org/wiki/Bank_regulation_in_the_United_States
minus-square@[email protected]linkfedilinkEnglish5•10 months agoFor me: probably. Either way, transactions cost money. Either pay the block chain fees or just use cash/credit card. I’m ok with credit and cash.
minus-square@[email protected]linkfedilink-1•10 months agoyeah they’ve done great with inflation so far! lol
minus-square@[email protected]linkfedilink1•10 months agoYes I want my democratically elected representatives (“the gobernment”) in charge
Y’all prefer to have the government and banks in charge of money instead? seriously?
What I don’t want in charge, is a shadowy cabal of a few rich people only bound to the maximization of their own profit.
I’m not paying extra to remove what little democratic control there is in the existing system.
the shadowy cabal of a few rich people is called the Fed, it’s privately owned by all the banks. there is no democracy in the existing system
https://en.wikipedia.org/wiki/Federal_Reserve_Act
https://en.wikipedia.org/wiki/Bank_regulation_in_the_United_States
For me: probably. Either way, transactions cost money. Either pay the block chain fees or just use cash/credit card.
I’m ok with credit and cash.
yeah they’ve done great with inflation so far! lol
Yes I want my democratically elected representatives (“the gobernment”) in charge