1/ #Bitcoin and other privacy focused and decentralized crypto currencies are the biggest innovation of my lifetime. They literally take the power and control of money out of the hands of government and into the hands of people that use it.
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I was talking about inflation, not ownership of an asset. If a country decides to print more or less “paper” its value changes due to supply. Same applies to mining => market manipulation which enriches the wealthy and makes the poor poorer.
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I want whatever you're smoking
To say China mining most of bitcoins is the same as central banks printing out money / controlling inflation, is just ridiculous. Sorry, but you're not making any sense. -
Go read more about cryptocurrencies and about money in general. If you want to understand more and actually make money trading.
End of conversation
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