Post #1659975
2026-04-25 01:55 UTC
It's pretty good except for the money printing and federal control aspect. A global currency which belongs to the people seems desperately needed.
Replies (2)
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@Holytimes@sh.itjust.works 2026-04-25 05:18
Well crypto fundamentally can never be that. You would have to solve that silly little problem of there's no such thing as perfectly free infinite energy generation entirely unregulated and uncontrolled by a government. So long as energy is controlled and funded by a government, all crypto will ever be is a clever hand wave of a problem by removing itself one step and claiming that problem doesn't exist.
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@Hapankaali@lemmy.world 2026-04-25 06:30
Yes, for various reasons it would be beneficial to have a global government responsible for global issues. However, until such time as we have one, local currencies are going to be the best bet.