RE: Why care about debt when you have a license to print money?

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Why care about debt when you have a license to print money?

in debt •  6 years ago 

Personally, I loved the way someone described it at an introductory chat of bitcoin. "A pocket private bank" the speaker said. I have always thought of it as such. Indeed, the approach it has to value is the most economically correct to what "money" should be. But, the fact is; it is still a "free" market and everyone will try to make a quick buck of it, even worse, people will try to manipulate them to make it look less attractive when buying.
Anyway, I hope your message reaches a lot of people. I owe a lot to the crypto market and I'd hate to see bitcoin or any other deserving altcoin to die.

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I first heard that term in this clip ;) "Swiss bank account in your pocket" - and I remember thinking, "You say that like it's a bad thing!" XD