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by errantmind
1835 days ago
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One reason: a central bank like the FED can't fuck it up. That is enough of a reason to give it value. Even if it was banned by Fincen, it wouldn't stop all countries from using it. That one reason is just too strong. Think about it, if you are some other country that isn't the USA, would you trust the USA not to inflate away the value of your foreign reserves? Bitcoin and other cryptocurrencies solve this game theory type problem |
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