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by fernandopj
3144 days ago
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> Fiat currencies don't fork Another situation: in Brazil 90's, inflation was rampant and a new currency was being planned. But, until BRL was printed as the final currency, a few "forks"/new money were introduced, like URV (for one year), which set the market value for the new BRL, something like 2500:1 old-money:URV then 1:1 URV:BRL.
So, the analogy: a fiat fork did happen and a two-currency system was put in play, until the "miners" decided to ultimately put the hash power into just one fork. |
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