I don’t like chargebacks being impossible. I think countries being able to manipulate their currency to balance inflation and unemployment has advantages too; if we’re going to keep doing this capitalism thing at least.
Land value taxes funding direct stimulus via UBI are a wayyy better way to control inflation and unemployment imo than interest rates and monetary inflation…
no chargebacks is a problem tho. that and everyone’s past transaction history being public record and not just available to well-accoutable investigative authorities. first mover advantage with crypto is also kinda terrible…
I don’t like chargebacks being impossible. I think countries being able to manipulate their currency to balance inflation and unemployment has advantages too; if we’re going to keep doing this capitalism thing at least.
Land value taxes funding direct stimulus via UBI are a wayyy better way to control inflation and unemployment imo than interest rates and monetary inflation…
no chargebacks is a problem tho. that and everyone’s past transaction history being public record and not just available to well-accoutable investigative authorities. first mover advantage with crypto is also kinda terrible…