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Many of the proponents of these currencies believe that a currency governed by mathematics is better than a currency governed by fiat. Since the government can
by khuey 14y ago
Many of the proponents of these currencies believe that a currency governed by mathematics is better than a currency governed by fiat. Since the government can print as many USD as it wants there's no way to fix an exchange range unless the cryptocurrency allows unlimited money supply increase, which clearly has to be controlled by some central authority.