Bitcoin Headline on Nostr: Over time, like companies and organizations in general, systems that are updated ...
Over time, like companies and organizations in general, systems that are updated incrementally can become mismanaged to the point of failure. It’s now clear that behind the ‘song and dance’ lies a severe buildup of inefficiency and ‘dead wood’ staff.
As for the exploitation of the quantitative easing/tightening mechanism, the ‘magic button’ has always been there in the fiat-based financial system—and human nature ensures it gets pressed too often.
When Elon is done with the U.S. government, he could swing by Ethereum to rework that overcomplicated pile of tacked-on code.
Then again, why bother? Like fiat, it’s dishonest at its core.
As for the exploitation of the quantitative easing/tightening mechanism, the ‘magic button’ has always been there in the fiat-based financial system—and human nature ensures it gets pressed too often.
When Elon is done with the U.S. government, he could swing by Ethereum to rework that overcomplicated pile of tacked-on code.
Then again, why bother? Like fiat, it’s dishonest at its core.