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> governments are very scared of having a currency which they cannot control And for a good reason. See: https://en.wikipedia.org/wiki/Great_Bullion_Famine htt

by lubos 8y ago

> governments are very scared of having a currency which they cannot control And for a good reason. See: https://en.wikipedia.org/wiki/Great_Bullion_Famine https://en.wikipedia.org/wiki/Great_Bullion_Famine as one of the examples. Bitcoin becoming a global currency would set us about 500 years back when precious metals were the global currency.

cosmojg 8y ago
That article is irrelevant with regard to cryptocurrencies as they are near-infinitely divisible. There could never be such a "famine".
- lubos 8y ago
  So are precious metals near-infinitely divisible. Not sure what point you are trying to bring across.