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The trouble (and advantage when seen as a commodity) with Cryptocurrencies is that they can't be "created out of thin air". Yes I know FRB is seen very skeptica
by gnipgnip 10y ago
The trouble (and advantage when seen as a commodity) with Cryptocurrencies is that they can't be "created out of thin air". Yes I know FRB is seen very skeptically, but there are deep issues with the distribution of these, that are similar to gold. A country that does not have spread-out reserves of gold, can't have a gold-backed currency.