Comments by "IIIRattleHeadIII" (@badass6300) on "'If you have a central bank, you're 50% communist out of the gate.'" video.

  1. The problem is that you are trying to create value out of nothing, creating value without production is just inflation. The real way is to have higher production, have more people work productive jobs and strive for full automation, then we just need to figure out who will own that automation.
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  2.  @NM-qd3tm  Not at all, there is nothing of use produced... Block chain could be used to replace the governments though.
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  3.  @NM-qd3tm  Oh really, can you eat it, can it automate other production, can you use what is produced NOT as a currency?
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  4.  @tammesikkema5322  Or we can regulate banks better and we can have more productive people? Dude crypto is just adding to the inflation. You are adding more currency to the already existing one and in return you get nothing. You are treating a symptom rather than the root cause.
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  5.  @tammesikkema5322  Then remove the ability for banks to lend money, problem solved. Revert them to what they used to be. Storage of currency and valuables. In reality lending money and reckless investing have caused the last 5 decades of economical crises.
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  6.  @tammesikkema5322  Mass violent revolution. These people don't understand words and the moment crypto becomes big enough, they will make a government "official" one and ban all the rest and do a "war on illegal crypto".
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