RE: RE: The Banks and Crypto
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RE: The Banks and Crypto

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4y

I was working on the question of monetary reform well before the invention of crypto.

Monetary theorists like using the term "honest money." People want honest money so that they can use it as a basis for their financial calculations.

What happens throughout history is that financial crooks get involved in the money creation process. Often it comes as insiders looking for ways of making passive income.

Every single time that there has been a strong effort to reform money. Ne'er-do-wells step in and undermine the new money with schemes to give the insiders an upper hand.

Fortunately, that can't possibly ever happy with SteemIt or HIVE because decisions are made by selfless witnesses and whales.

@yintercept: I was working | Ecency