Comment by 10111001

> Crypto was supposed to be a solution to your government devaluing the rewards of your residual labor in the form of their currency.

> ...

> I'm hoping someone invents a new iteration that's better.

It "solved" inflation by being deflationary (and then you have the massive volatility layered on top of that).

I think it's probably impossible to have a stable currency without some kind of dynamic governance, like a central bank.