Wait for a thorough critique of your “theory”
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I've been waiting years, no one dares touch it. Find someone. Ask Saifedean.
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Let me take a shot at it
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My argument is that bitcoin perfectly serves as the basis for Nash's proposal for Ideal Money which was for all international currencies to be pegged to an apolitically provided price signal.
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I’ll read it in detail, but why have national currencies pegged to bitcoin, if bitcoin is the currency other goods and services are priced in? And, why won’t the pegs break if the central banks are free to create money? If they can’t, why even issue their own?
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bitcoin isn't the currency other goods and services are priced on. It is implicit, as the cap of bitcoin grow it will highlight the internationally viewed "quality" of each centrally banked currency. Central banks haven't been creating massive inflation....
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They have been shooting for targets /mild inflation and for example recently the USD has been a better store of wealth than gold. Nash's peg is not a call for benevolent declaration. Its an explanation as to game theoretical ramification of costless international arbitration
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If the people desire a "sound money" it is perfectly possible that central banks could inspire it we just never had an observable barometer. The USD has recently served as strong savings options for other countries but that gives sovereign control to the base currency issue
- 1টি আরও উত্তর
নতুন কথা-বার্তা -
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that threat doe'
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No one dares.
কথা-বার্তা শেষ
নতুন কথা-বার্তা -
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ধন্যবাদ। আপনার সময়রেখাকে আরো ভালো করে তুলতে টুইটার এটিকে ব্যবহার করবে। পূর্বাবস্থায়পূর্বাবস্থায়
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লোড হতে বেশ কিছুক্ষণ সময় নিচ্ছে।
টুইটার তার ক্ষমতার বাইরে চলে গেছে বা কোনো সাময়িক সমস্যার সম্মুখীন হয়েছে আবার চেষ্টা করুন বা আরও তথ্যের জন্য টুইটারের স্থিতি দেখুন।