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IMO cryptocurrency is perfectly poised to be the global currency, transcending nation state central banks and leveraging fiat currency foundations via the bank
by olivermarks 9y ago
IMO cryptocurrency is perfectly poised to be the global currency, transcending nation state central banks and leveraging fiat currency foundations via the bank for international settlements.
https://en.wikipedia.org/wiki/Bank_for_International_Settlements https://en.wikipedia.org/wiki/Bank_for_International_Settlem...
The interview with the ex kite surfer and trauma surgeon is his opinions based on his ICO
- Goladus 9y ago"Cryptocurrency" can't be "The" global currency since it's not one thing. It's a collection of currencies, and bitcoin itself won't be the global currency because there aren't enough bitcoin to be viable for that purpose in the long run.
- olivermarks 9y agoAgreed right now it is a collection of currencies, just like all the different denominations of fiat currency (USD, Euro etc). It's not hard to see how a future universal cryptocurrency could emerge though...