The federal reserve system was designed to be resilient against the democratic w... | Hacker News

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		maxtheman on July 28, 2015 \| parent \| context \| favorite \| on: Who's doing this to my internet? The federal reserve system was designed to be resilient against the democratic whims of the people; any minuscule control you have over the management of the US Dollar is a bug, not a feature.

Frondo on July 28, 2015 [–]

It is responsive to democratic actions even if it isn't directly under the peoples control. Bitcoin, your average citizen has no recourse, period.

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