• explodicle@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    0
    ·
    7 months ago

    Believe it or not, it used to be even worse! The big step forward IMHO is that there’s no privileged party that has an advantage manipulating the price. Congress should be prohibited from owning anything but long-term dollar bonds.

    • Furbag@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      7 months ago

      The big step forward IMHO is that there’s no privileged party that has an advantage manipulating the price.

      Until Elon Musk tweets out that he will exchange Tesla vehicles for Bitcoin or that Dogecoin is a good investment.

      Digital currencies are somehow worse than gambling unless you’re famous enough to do a pump-and-dump.