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Yeah, who knows what entities may arise to support crypto currencies. Perhaps, multiple governments, conglomerates, or cooperatives may participate in stabiliz
by crusso 9y ago
Yeah, who knows what entities may arise to support crypto currencies. Perhaps, multiple governments, conglomerates, or cooperatives may participate in stabilizing a crypto currency.
Instead of a central bank, a currency may develop a "decentralized central bank" whereby those independent entities take uncoordinated actions to keep a shared currency stable.
It's hard to say at this point. We've really only been thinking about this problem for a short while.