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Dilettante_today at 11:30 AM1 replyview on HN

I'm gonna first of all disagree with the notion that our entire democracy rests on control of the financial system, secondly point out that you seem to make some wild leaps about how decentralized currencies work, and thirdly ask how the hell you're getting the idea that early adopters would need to be "cashed out at a profit many times exceeding inflation"(Participation in the new system is the point of adopting it, how is this unclear).

Finally:

  We, the people, make the rules.
If you truly believe that, you are (and I realize this is not the level of discourse I should strive for on HN) beyond redemption.

Replies

user34283today at 1:04 PM

I said the financial system must be controlled by our democratic system, not that democracy rests on control of the financial system.

No idea where I'm supposedly making "wild leaps" here. You on the other hand...

And guess where "the hell" I am getting the idea that early adopters would need to be cashed out at a profit many times exceeding inflation: reality. As cashing out at a large profit is exactly what has been happening for over a decade. It is the sole reason for virtually all participants joining the scheme in the first place.