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RE: You are the Elites: Financial Newsletter review and how you are secretly smarter than veterans + My outrageous prediction and Why Bitcoin will never be P2P Electronic Cash

in #cryptocurrency7 years ago

I'd be more excited if PIVX hadn't mentioned Milton Friedman in their video. The guy caused problems over four decades that we're still dealing with today.

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John Maynard Keynes has caused more destruction. The entire inflation based monetary system was his fault. Most things wrong with modern economics could be traced to Keynes. Milton Friedman was only an Austrian sellout; A cheap version of Ludwig von Misess

Go for Dash which PIVX ripped off from. Dash uses trustless mixing instead of the trusted Zerocoin setup. I've written a bit about them here.

When you say "inflation based monetary system", do you mean inflation targeting frameworks (where a central bank would target 2-3% inflation, for example)?

Mises typically said the polar opposite to whatever Marx said, which means that whenever Marx gave a half-trugh, Mises gave an opposite half truth. For example, Marx conflated land with capital to attack capital and Austrians conflated land with capital to defend capital. Neither side should have conflated them.

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