Your view about the crypto and crypto browsers.
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Why do people think crypto currencies will help the poor getting more money or repair a broken commerce system or do not waste ressources?
That is really irritating. -
@josephj11 said in Your view about the crypto and crypto browsers.:
Take a better look at what all fiat currencies are and how inflation is used to steal from the poor to pay for wars. There is nothing real about anybody's dollars. People just believe in them and watch their purchasing power decrease 15 - 20% or more every year.
There is actually a very good reason for this. Economies work best when people spend money and invest money in meaningful goods and services rather than hoarding it. A slightly inflationary currency is a way to encourage a healthy amount of spending, while still allowing people some space for savings.
Cryptocurrencies that are designed to be deflationary have a problem - no one will want to spend them as they are designed to always go up in value. This makes them functionally unusable in a modern economic environment as anything other than highly volatile storage.
Another benefit of fiat money is that during times of crisis, such as pandemics where you want to actively encourage people to not work, you can print money in order to sustain people through stipends. This is not easily possible under monetary systems which have a fixed value.
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@Catweazle This is pretty much like politics and religion. Let's agree to disagree and keep discussions here about Vivaldi. I can answer you point by point, but it probably won't change your mind and it's way OT for here anyway.
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@LonM That's the standard Keynesian explanation, but once you read a little Austrian economics, it won't make sense any more. The Bitcoin Standard by Saifedean Ammous covers this and many other things in very clear detail and is really worth the read.
Love to discuss this further with both of you - if interested - but not on this forum where it's way OT.
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Hey Vivaldi fam,
Totally get where you're coming from! I hopped on the Vivaldi train for the same reasons – wanted an alternative without the crypto noise. Crypto feels shaky to me too, so I'm on board with Mr. Jon's stance.
Cheers!
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@AryanDevasagayaum said in Your view about the crypto and crypto browsers.:
However, does everyone here agree with this view on crypto?
Perhaps you're asking the wrong question. I don't use Vivaldi because of Jon's personal opinion on cryptocurrency, minimum wage laws, religion, or what-have-you. I use Vivaldi because Vivaldi's a good browser!
Actually, he's not in the habit of publicly sharing his opinion on such matters. I suppose he shared his cryptocurrency opposing because both Brave and Opera had integrated cryptocurrency functions (i.e. cryptocurrency became relevant to browsers).
In short: Jon's personal opinion, and Vivaldi's choice to not include cryptocurrency functions, has nothing to do with my choice to use Vivaldi.
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