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All traditional currencies are backed by military might and the constant threat of war. If a cryptocurrency could decrease such centralization of power and con
by eeZah7Ux 6y ago
All traditional currencies are backed by military might and the constant threat of war.
If a cryptocurrency could decrease such centralization of power and consequent waste of human lives, money and energy it would be excellent.
However, bitcoin has no mechanism to democratize banking - on the contrary, the more wealth you have the more mining you can afford doing.
This makes the whole conversation fall into whataboutism.