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ARikozuM
ARikozuM ARikozuM

The issue that I see with controlling Bitcoin or cryptocurrency is that it's fundamentally... idiotic. If I want to buy a car with chickens and someone agrees, it's a done deal. If we want to trade a cow for a horse, we can.

 

If we want to trade, and agree that 1 BTC is [number], and retailers are willing to accept it, why should any government get to say that this is going to be regulated as if it's theirs? 

  1. captain_to_fire

    captain_to_fire

    Well Nicolas Maduro is trying...despite his best efforts 

     

  2. ARikozuM

    ARikozuM

    I don't think inflation needs to be a thing unless the wage laws can keep up with it. 

     

    On the topic of crypto: I don't see why the government should involve itself in an alternate barter system. You just don't give them protection. It'd be those people's fault for joining the system, but leaves the rights of the system to those involved. 

  3. ARikozuM

    ARikozuM

    Minimum wage laws need to go up as the majority of states have fallen behind inflation. Too many promises were made with that tax cut and our biggest employer went from GM, a high-paying union job (GM left to Mexico), to Wal-Mart, who pays so little the workers leech off of the safety net. Minimum wage is not inherently bad for the low-skill worker. It's a measure against a company taking advantage of its employees while taking a much larger cut for itself. 

     

    https://www.npr.org/sections/money/2018/12/18/677575622/happy-birthday-tax-cuts

     

    Germany found Wal-Mart's MO to go against German values. Trying to set its prices (and wages) too low would mean that Wal-Mart could cut out all of the competition by buying them out and offering nothing of value. 

     

    http://www.iwim.uni-bremen.de/publikationen/pdf/w024.pdf

     

    Our deficit is supposedly going to hit $17T in 10 years, and we let our best targets for tax reform slip out of our hand. Wages have not gone up as promised, people have not received the bonuses they were promised. 

     

    I would rather Trump had forced less importation of certain industries and more subsidies to smaller farmers, manufacturing, etc. We need to become a tangible production powerhouse as we were in the 50's to 70's. 

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