3 ms·
> Government or central-bank digital currencies are the next step but they come with a twist, because they would centralise power in the state rather than sprea
by 627467 5y ago
> Government or central-bank digital currencies are the next step but they come with a twist, because they would centralise power in the state rather than spread it through networks or give it to private monopolies.
Each economic block will have it's own monopoly money, with little distribution beyond block's borders (unlike cash today). For all the failings of "traditional" cryptocurrencies, at least these are available to anyone in the world.