return2ozma@lemmy.world to Ask Lemmy@lemmy.world · 7 months agoWhy did Occupy Wall Street fade away and how can we start it back up again?message-squaremessage-square88fedilinkarrow-up1360arrow-down123
arrow-up1337arrow-down1message-squareWhy did Occupy Wall Street fade away and how can we start it back up again?return2ozma@lemmy.world to Ask Lemmy@lemmy.world · 7 months agomessage-square88fedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·7 months agoBelieve it or not, it used to be even worse! The big step forward IMHO is that there’s no privileged party that has an advantage manipulating the price. Congress should be prohibited from owning anything but long-term dollar bonds.
minus-squareFurbag@lemmy.worldlinkfedilinkarrow-up2·7 months ago The big step forward IMHO is that there’s no privileged party that has an advantage manipulating the price. Until Elon Musk tweets out that he will exchange Tesla vehicles for Bitcoin or that Dogecoin is a good investment. Digital currencies are somehow worse than gambling unless you’re famous enough to do a pump-and-dump.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·7 months agoMusk doesn’t have any authority over Bitcoin, though. When he eventually fails, the rules won’t be changed to save him - like they were for dollars.
Believe it or not, it used to be even worse! The big step forward IMHO is that there’s no privileged party that has an advantage manipulating the price. Congress should be prohibited from owning anything but long-term dollar bonds.
Until Elon Musk tweets out that he will exchange Tesla vehicles for Bitcoin or that Dogecoin is a good investment.
Digital currencies are somehow worse than gambling unless you’re famous enough to do a pump-and-dump.
Musk doesn’t have any authority over Bitcoin, though. When he eventually fails, the rules won’t be changed to save him - like they were for dollars.