You are viewing a single comment's thread from:
RE: JUDGINGJOHNNY: How cryptocurrencies could impact the multiplier effect of fiat currencies
An interesting article, and you raise an important point. Cryptocurrency following the model of Bitcoin is deliberately designed to prevent a multiplier effect, and to specifically limit supply. Which is why it is being treated as an asset in model of digital gold. It is notable that Venezuelan and Russian proposals both propose unlimited supply, state supervised mining, and registration of wallets. Both also propose a fixed dollar value for the tokens produced. Essentially a fiat modelling rather than the Bitcoin type model that's we are familiar with.