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> I guess we're all going to find out how a privatized monetary system works, at least on the consumer level. That doesn't make sense. First, general credit ca
by mseebach 17y ago
> I guess we're all going to find out how a privatized monetary system works, at least on the consumer level.
That doesn't make sense. First, general credit cards has been around for 50 years, more limited predecessors for closer to 100 years.
Second, credit cards are decoupled from the monetary system, they are merely vessels for transferring money.