Leuke tekst:
The following ideas are generally shared by Bitcoin and its supporters:
– They see Bitcoin as a good starting point to end the monopoly central banks have in the
issuance of money.
– They strongly criticise the current fractional-reserve banking system whereby banks can
extend their credit supply above their actual reserves and, simultaneously, depositors can
withdraw their funds in their current accounts at any time.
– The scheme is inspired by the former gold standard.
1 A description of the Austrian Business Cycle Theory can be found, for instance, in Rothbard (2009).
2 Fractional-reserve banking is a form of banking where credit institutions maintain reserves (in cash and coin or in deposits at the central
bank) that are only a fraction of their customers’ deposits. Funds deposited into a bank are mostly lent out, and banks keep only a fraction (called the reserve ratio) of the quantity of deposits as reserves. Modern banking systems are based on fractional-reserve banking.
Dit is leuk! Bitcoins is gebaseerd op de oude 'goud standaard', terwijl de Europese Gemeenschap de goudstandaard juist losgelaten heeft. Bitcoins is dus gebaseerd op de computerkracht terwijl de Euro gebaseerd is op de verdienkracht van alle Europese staten gezamenlijk. Heeft men geen vertrouwen meer in die verdienkracht dan is er geen onderpand meer zoals vroeger. Je hebt dus innovaties nodig binnen een land of groep van landen om een hogere productiviteit te kunnen leveren dan je naaste buren. Zakt die indruk dan daalt tegenwoordig je waardering. Volgens mij is de Euro nu meer 'virtual' dan de Bitcoin
