Background? Link?
roastpotatothief
You make a lot of points. To explain all of those things, I would news to make a very long post. i think i will do that when i get time.
Some of the other comments have decent explanations.
where
Oh like a security for further borrowing? Could be.
Any update on this?
I couldn't find any comment from the devs. Was there one?
There is an extra problem, not mentioned here. When there are subs with the same name, it is actually impossible to know of choose which sub I am posting to. Like here.
The fools talk much more than the wise. I wonder about just blocking most of the people I don't find interesting. Then I could only see writings from sensible and interesting people.
Maybe there is a technical solution, which doesn't require so much effort by the user.
How do you mean "a powerful tool"? Tool for what?
The argument is mostly valid. But the real point is that capital gains tax needs to change. That would solve the stated problem, without reducing home ownership.
As a result, a majority of the population is literally invested in seeing the value of homes always go up.
This is actually not true. In general, ome owners do not benefit from global house price increases.
Yes block chains predate bitcoin and are very useful. Git uses them. A currency is a perfect use case for a block chain. You need to robustly store balances and transactions so they can't be tampered with.
I would say it's insane to have a currency which is not block chain based. Too easy to fiddle your finances.
Most people haven't. We all have a filter bubble.
Here is a first draft, my attempt to provide the missing context. Please leave comments on anything bad or missing you notice. https://lemmy.ml/post/4848742