Why are they opposed to the main value proposition of cryptocurrencies? If you are heavily invested in crypto, of course you want fiat currency debasement! Clouds are gathering and it looks like there's going to be torrential rain soon. Do not complain but position your buckets to catch the maximum amount of water.
When the world is done with the recession, there's going to be money floating around thanks to the bailouts, central bank digital money given directly to citizens, zero interest rates, central banks buying assets etc. Why complain? Evil psychopathic central bankers trying to screw everybody? Yes, they have mismanaged the economy for a long time and their time is about to come to an end. And you complain? If Bitcoin becomes a new reserve currency because of the mess we're in, you are going to be rich!
Assuming Bitcoin becomes a new reserve currency, we're going to end up with a new set of problems. Instead of public and transparent institutions like central banks that we know who they are controlled by and what they're doing at all times, we're going to be totally dependent on a bunch of anonymous Bitcoin whales. You think they're going to be less selfish than the banking sector?
Posted via Steemleo