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It seems like software defined scarcity in this case almost defeats the point of the currency because if it's not based on anything hard and immovable it can be
by nautilus12 6y ago
It seems like software defined scarcity in this case almost defeats the point of the currency because if it's not based on anything hard and immovable it can be bypassed. It's almost as though you need some non digital impossible to fake process to back your currency. Like maybe digging in the ground and pulling out precious metals?