• Luffy@lemmy.mlEnglish
    0·
    9 days ago

    Dollars and Euros and other currencies are not a limited resource, nor are they based off of any kind of limited resource.

    They are limited by an authority which you can trust will not try to kill it off. So I kinda see it as more of a feature than a bug.

    Also, dosent answer all the other arguments I just posted

    • null@slrpnk.netEnglish
      0·
      8 days ago

      They are limited by an authority which you can trust will not try to kill it off.

      So they’re artificially limited, so long as that trust exists.

    • explodicle@sh.itjust.worksEnglish
      0·
      8 days ago

      I don’t trust the Trump administration to not try and kill off the dollar. Bitcoin exists because issuers couldn’t be trusted during the Great Recession.