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Thoughts on Yanis' view on crypto technology? Do you agree or disagree? (m.youtube.com)

submitted 1 year ago by jimmydoreisalefty@lemmus.org to c/technology

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Should we say farewell to the dollar, the euro and all national currencies? Is crypto the future of money? Join our fierce battle between former Greek finance minister and maverick anti-bitcoin economist Yanis Varoufakis and blockchain developer Viktor Tábori, and find out yourself.

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[–] WagesOf@artemis.camp 4 points 1 year ago

Having a block chain tracker for commodity tokens tied to real value things like kcal of soy/wheat/corn or kwH of power would get us off of fiat debt based currency and avoid the vast majority of the scarcity of precious metals that led to the devils bargain when we sold the entire world economy to the banks.

I'd much rather have values based on actual created value than oligarchy imagination.