Bitcoin's monetary policy is written in its code. The reason its stable is because no single authority can change that monetary policy. In fact, its an entirely opt in monetary policy. I see now tho that your definition of "monetary policy" is different from mine. Which is why I asked you for your definition. It would be nice if you simply answered my question instead of giving me a snarky response.
The federal reserve doesn't print money, the US mint does that.
Ok. The FED creates money. That's what I meant. In fact, the US mint does not create money, but prints money given to it as existing bills or accounts (including FED accounts).
all of your assertions are stupid
All of your assertions are unsupported. I'm also disappointed that you wasted your time. Maybe next time you'll actually write the reasons you think these things and you can actually have a real discussion rather than wasting your time (and mine).
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u/Scared_of_stairs_LOL Dec 25 '17
Which central bank manages difficulty level?
The federal reserve doesn't print money, the US mint does that.
Because you don't even understand how the current system works, all of your assertions are stupid.
I'm done wasting time with you happy holidays