Comment 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
- 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?