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Sure it's not a new problem, but it's one of the things people claim will be solved by crypto currency. If crypto currency is just regular currency except contr
by contravariant 7y ago
Sure it's not a new problem, but it's one of the things people claim will be solved by crypto currency. If crypto currency is just regular currency except controlled by a non-democratic entity then it's a step back, not a step forward.
- blevo 7y agoconcerning 'controlled by a non-democratic entity' I'd say it's a step sideways. The USD or any fiat currency is not controlled democratically or by a democratic entity either. When was the last time we heard of a vote before increasing the money supply of a nation's currency? If there is a vote, it is done by people who have not been democratically elected.