Comments by "Doncarlo" (@doujinflip) on "When North Korea tried to hijack the US dollar" video.

  1. Limited-quantity mediums have the weakness that it tends to get hoarded during downcycles exactly when the economy needs it to be spent. Fiat currencies properly regulated have the advantage of increasing supply on demand to devalue and encourage spending, and vice versa in overheats. This is why currencies have gotten off metallic standards and not returned, and why limited-quantity unregulatable cryptocurrencies are unlikely to replace the fiat competition.
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