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To: catnipman

Crypto crashing could really help us with inflation, if it’s done right.


12 posted on 06/15/2022 4:33:15 AM PDT by Empire_of_Liberty
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To: Empire_of_Liberty
given that there are literally THOUSANDS of DIFFERENT varieties of CryptoTulips

Crypto fan boys tout how "only 21 million bitcoins can ever exist", but ignore the fact that an unlimited of different coins types can get created out of thin air by anyone. Crypto inflation.

14 posted on 06/15/2022 4:46:49 AM PDT by BiglyCommentary
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To: Empire_of_Liberty

I don’t see how, as the main reason it is cratering is because people are removing money to use in the normal market.

Crypto was great for locking up money and keeping it out of the economy. It was like an underground lock box for removing truly valuable currency.


17 posted on 06/15/2022 5:04:17 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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