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RE: Why do we need Bitcoin (BTC)

in HODL2 years ago

Hey Taskmaster :)

Thank you for your feedback.

It may well be that I have forgotten a few steps in the history of money.
For me, it was just important that the readers understand a little bit how we came to the current situation.

I've never heard of a ledger-based money before.
I will inform myself about this and maybe I'll include it in this post.

Probably I expressed myself a bit badly with the term unlimited, when I talked about Fiat money.
What I'm actually saying is that our current money doesn't have maximum supply and we can't predict how much will be pumped into the economy in the future.

I am always open to other opinions and also willing to learn.

  • Have I forgotten anything else?
  • Why was ledger-based money abolished?
  • Do you agree with my other points?
  • Do you also deal with the topic of crypto or just with monetary policy in and of itself?

I wish you a nice day.

Thank you for your time. :)