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RE: The Advent of Cryptoeconomics - Why Traditional Economics Is In Danger

in #cryptoeconomics5 years ago

Hi, this is written in such a complex context that its going over my head(: ... even then I understand your talking about miners safegaurding network with the incentives and that blockchain data that is writen in blockchain cannot be amended and its decentralised. All this is advantages of BTC.

For me I am feeling that governments control fiat money and manipulate its prices regulating its supply by printing and making laws controlling its interest rate, I really like that in BTC, Govt. can't manipulate its supply.

This article is like a thesis, I guess crypto economics is complex.

Goodday, Happy writing. I see there are articles on scaling and lightening networks and how they function, will look at that soon.

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Hello @mintymile. Good to see a new comer here.

It is usually our striding goal to tone down the content as much as possible to make it understandable to all. If there's any way by which we can help.you deepen your understanding, please do feel free to reach out in the comments. Someone, if not us, will always have an answer. That's the beauty of Steemit.

We welcome you to have a look at any of our posts. I am sure you'll be pulled in by most of them.

Welcome again, to the community. Hope to see you here regularly.

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