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Whoa! You must have misunderstood me dramatically. One does not need to overthrow a government to issue international standards. That certainly wasn’t the case
by runarberg 6y ago
Whoa! You must have misunderstood me dramatically. One does not need to overthrow a government to issue international standards. That certainly wasn’t the case October 1874 when they standardized international mail, nor was it needed in April 1951 when they standardized shipping containers for the global trade network.
My question was simply: What is keeping banks and governments around the world from standardizing money transfer between nations, like they did so well 150 years ago with mail? And my statement: Perhaps it is easier to settle on a standard way of transferring money between nation states then to rely on bitcoin to save some people from hyperinflation + predatory money transfer solutions.
- mannerheim 6y agoIsn't SWIFT such a standard? It's quite common to use it for bank transfers in Europe.