> This is a massively corrupt and unfair system. It's signficantly worse and more centralized than the way Bitcoin distributes new currency.
The fiat currency I use on a day-to-day basis (CAD) has had much less volatility over last few decades than Bitcoin has had over the last months / years. And any changes that have occurred (even the recent ones) have been at a generally predictable rate that makes long-term planning (e.g., for retirement savings) achievable.
Maybe Bitcoin (or whatever comes after it) will be able to achieve similar results eventually, and perhaps at that point I'll start seriously looking at it.
The fiat currency I use on a day-to-day basis (CAD) has had much less volatility over last few decades than Bitcoin has had over the last months / years. And any changes that have occurred (even the recent ones) have been at a generally predictable rate that makes long-term planning (e.g., for retirement savings) achievable.
Maybe Bitcoin (or whatever comes after it) will be able to achieve similar results eventually, and perhaps at that point I'll start seriously looking at it.