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Comment by samwilliams

Put aside for a moment the name for the 'scheme' and consider the mechanism design differences between USD and Bitcoin:

- USD is needed in order to pay taxes on the US, but can be printed arbitrarily by a centralized mint.

- Bitcoin has no fundamental demand driver, but does have a truly capped supply.

Why is it so obvious that USD is a preferable scheme?

parent samwilliams 5 years ago

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