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What do you mean? Obviously if they can create their own blockchain they can issue their own currency, too. It's just a book of who has how much.
by omarchowdhury 9y ago
What do you mean? Obviously if they can create their own blockchain they can issue their own currency, too. It's just a book of who has how much.
- campbelltown 9y agoBlockchains only improve the efficiency of permissionless system. If you're going to create an in-house currency, it would be idiotic to use something as un-scalable as a blockchain.
- omarchowdhury 9y agoWhat makes Bitcoin, not an in house currency, also not idiotic in your case?
- campbelltown 9y agoPermissionless ownership.
- omarchowdhury 9y agoInstead here your gatekeepers are speculators and miners and early adopters.
- Frogolocalypse 9y agoThe 'gatekeepers' are anyone who has bitcoin.
- campbelltown 9y agoEven further, there are no gatekeepers...