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this post was submitted on 24 Aug 2023
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Relaxed section for discussion and debate that doesn't fit anywhere else. Whether it's advice, how your week is going, a link that's at the back of your mind, or something like that, it can likely go here.
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I was an early adopter of bc and more than ten years later I am still waiting for it to be useful.
Back then the dream was that you would be paid in it and could pay your rent and food with it. But honestly it was just a fun experiment and not very serious.
Also I think a weakness is that you can't print more when it is needed to prop up the economy, so USD etc will still be required to run things smoothly. Printing is just a way of distributing a little bit of value from everyone to a specific goal and sometimes this is essential.
I'm not saying that there isn't a better system, but just that the current one needs this flexibility.