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by rpmcmurphy
3124 days ago
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A corrupt government that ran its economy into the ground backing a cryptocurrency. What could possibly go wrong? OTOH, if someone with centuries of banking experience were to launch a well managed cryptocurrency, that could be pretty useful (Switzerland I am looking at you). I would like to see a digital currency whose money supply is linked to the number of users in the system. As more users enter the system, generate proportionally more coins and vice versa. Something like this might work as a stable store of value. |
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Fortunately, as has been proven by recent experience, fraud, hacking, or serious error in the area of cryptocurrencies or the blockchain in general is simply impossible.