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If you want to propose a non-state currency which can rival state-backed ones, solves problems, etc. please go ahead. crypto ain't it
by mjburgess 5y ago
If you want to propose a non-state currency which can rival state-backed ones, solves problems, etc. please go ahead.
crypto ain't it
- rmbyrro 5y agoI don't follow. Do you see crypto as state-backed or allied to state-backed currencies?
- revscat 5y agoNeither. Just trash.
- rmbyrro 5y agoOP is in favor of: A) "non-state currency" B) currency that "rival state-backed ones" C) "solves problems" One could argue cryptocurrencies don't solve any problem (good luck convincing Russians and Argentinians, but anyway). But they are "non-state" and they "rival state-backed" currencies.
- InitialLastName 5y agoCryptocurrencies are absolutely a "non-state" and "rival state-backed" asset class, but I'd say it's mostly arguable, given the instability, illiquidity, and general inability (in most places) to exchange crypto for goods and services, whether they are "currencies".