/biz/ - Business & Finance

>>10690514
true, what you forgot to consider is the hidden tax called "inflation" that occurs when these funds are reimbursed "double printed" as it were unless the stolen funds get confiscated. and usually the effort to confiscate such funds is funded by public liabilities. so now you tell me, which system is a "scam": an insurance and debt racket requiring trusted third parties at every turn, so powerful they have come to exert monumental influence upon the public purse strings, or the elegance, security, and objectivity of the blockchain. I think the answer is plain for all to see.

it will still be ticking like a Swiss watch. the Swiss watch of Nakamoto consensus. would you make the same bet for fiat currencies backed by ephemeral organizations that come and go? heh, nothing personnel, kid.

>consider it solved