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Maybe you should paint over it before listing it?
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The regulation of "value" in crypto currency is built in.
For fiat it needs to be imposed, by a fiscal authority, or by something like the gold standard.
For example:
Whereas a fiat currency can be devalued by QE, and this needs regulation, the same is just not possible in a crypto model.
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Apologies as well for patronising snark. I didn't mean any harm.
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Thanks for the edit, now I see what you were talking about.
I have to say that I don't see how / why crypto currency enables the inequality that you are describing, any more or less than fiat? Rich people hold a lot of currency. True dat.
I thought you were worried that a lack of (presumably) nation state regulation of crypto currency legitamacy could lead to fraud, in the favour of a single "controlling" actor.
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Who's talking about unregulated markets?
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How so?
Single entity controlling everything, is basically the design antithesis of the crypto currency model.
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I suppose you could argue for one of them fangled cryptocurrencies, but then you're looking at pretty much the same thing, just without any sort of regulation (until a single entity ends ups controlling the lot to their own benefit).
Gonna go out on a limb here and say that you don't fully understand crypto currency.
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TBF, I have a Bodum, which I use for fresh mint.
Fucken Lion King Thread >>>>>>>>>>