Hmm, even though 41% think crypto is in a bubble, nobody seems to have good ideas for how to measure bubbliness. In stock bubbles, P/E is a good metric. In debt crises, debt-to-tax-revenue is a good metric. What the heck do you measure here?https://twitter.com/vgr/status/951339822739734528 …
Government and regulation are literally the same thing. Private parties with power and incentives to regulate are a form of government, just an autocratic one. Competing government does not work, so one has to give. What form of government do you want?
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A scheme where those in control cannot easily influence the usefulness of a coin in an undesirable way but still allows for innovation. And one that can correct problems, which are inevitable. Whatever form of gov't that takes.
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This is not a new idea. Many local currencies existed, mostly not to enrich speculators or buy drugs, but to overcome shortage of liquidity in communal economies, or to implement negative interest rates. They were all squashed, obviously.
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