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Well governments have been forcing a single currency for millennia and it worked out fine. I get your premise here but this sounds like hyperbole of a high ord
by edgyquant 6y ago
Well governments have been forcing a single currency for millennia and it worked out fine. I get your premise here but this sounds like hyperbole of a high order that is spread by crypto-enthusiasts. There have always been black markets but the majority of people just want to be left alone they aren’t going to go out of their way to use an obscure, illegal, currency.
- Vadoff 6y agoGovernments usually have a single official currency authorized for paying taxes, but they rarely ban/criminalize foreign currencies from being used by the general public.
- edgyquant 6y agoYou aren’t talking about a foreign currency you are talking about alternative currencies that are definitely banned (why toy money has to say that it is not legal tender) with few exceptions.
- StanislavPetrov 6y ago>Well governments have been forcing a single currency for millennia and it worked out fine. No government in history has mandated a fully digital currency that is susceptible to instant and total failure with any power outage or internet disruption. Frankly the headline about bitcoin is a distraction from this critically important issue.