As the U.S. government takes big steps to usher cryptocurrency into mainstream finance, one of the world’s biggest crypto exchanges is urging the Canadian government to match and exceed those efforts, even as concerns mount.
Don’t worry about the downvotes bro. Lemmy has a knee jerk aversion to crypto, even though the ideals of the fediverse and the ideals of crypto are very much aligned
We already do, hence the ability to choose alternative.
We buy half of all mortgage bonds in Canada to artificially depress the currency to prop up asset prices for instance, it would be nice to have competition in currency to prevent such manipulation that benefit the rich.
Its not crypto, its a treasury backed digital currency. Though crypto is fine too if someone wants to hold a sovereign asset, or a digital currency backed by gold, or shares of the S&P500, anything people want to use as a medium of exchange.
Arguing we are already in a fair society where the rich arent catered to is silly to me, look at stock valuations and price to income ratios on real estate. All that currency debasement hasn’t helped the poor one iota.
Let people use what they want.
Don’t worry about the downvotes bro. Lemmy has a knee jerk aversion to crypto, even though the ideals of the fediverse and the ideals of crypto are very much aligned
Regulate society for the greatest good. Living in a playground for the ultra-wealthy is not it
We already do, hence the ability to choose alternative.
We buy half of all mortgage bonds in Canada to artificially depress the currency to prop up asset prices for instance, it would be nice to have competition in currency to prevent such manipulation that benefit the rich.
Crypto’s the path towards a fairer society economically-speaking, good to know /s
Its not crypto, its a treasury backed digital currency. Though crypto is fine too if someone wants to hold a sovereign asset, or a digital currency backed by gold, or shares of the S&P500, anything people want to use as a medium of exchange.
Arguing we are already in a fair society where the rich arent catered to is silly to me, look at stock valuations and price to income ratios on real estate. All that currency debasement hasn’t helped the poor one iota.