Its relevant and true. We appreciate btc like a victorian grand piano.. Its like an antique even on the blockchain. But its also a major player in history by creating safe digital assests for everyone
A financial system is set of principles and operating entities that have a purpose. The purpose is to assure the fair and safe functioning of an economy. Most of all, to provide transparency about policies that govern that economy. Now, how can a highly volatile instrument for speculation with which only a tiny fraction of people can use for a tiny fraction of purposes (investing and money laundering) be a "financial system"? It can't. And saying so is ignorant or...silly.
Its relevant and true. We appreciate btc like a victorian grand piano.. Its like an antique even on the blockchain. But its also a major player in history by creating safe digital assests for everyone
A financial system is set of principles and operating entities that have a purpose. The purpose is to assure the fair and safe functioning of an economy. Most of all, to provide transparency about policies that govern that economy. Now, how can a highly volatile instrument for speculation with which only a tiny fraction of people can use for a tiny fraction of purposes (investing and money laundering) be a "financial system"? It can't. And saying so is ignorant or...silly.