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Fiat doesn't work on a finite planet. Crypto has failed on its goals. What is a better way to be economically secure? (infosec.pub)

submitted 3 months ago by [email protected] to c/[email protected]

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Assuming the title to be accurate, what is a good way for the working class (90%+ of all humans) to save and succeed in this current environment?

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[–] [email protected] 2 points 3 months ago (1 children)

Nothing's value fluctuates with itself. Money supply is controlled through interest rates in modern economies because it works better than directly controlling the money supply. Your comment betrays an unsurprising lack of understanding of the most basic concepts of economics. You're just parroting some talking points you've heard from techbros.

[–] [email protected] 0 points 3 months ago

No, you think economics is a physical science and it isnt. It works like it does bc its been made to work that way. It could work differently.

Also Bitcoin isn't the only way cryptocurrency could or does work.