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by RonaldOlzheim
1380 days ago
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Explain to me like I am 5 - What problem does a digital currency solve that is not solved by electronic (digital) transfer mechanisms of existing fiat money? Examples:
1: Stable cash flow (why they want a stable coin --> to monotitor for policy)
2: future projections of the economy (finance needs backing --> data is key)
3: credit scores of people
4: long term investments
5: organisations need finance in good and bad times, otherwise it is survival of the fittest but that is not what society is about. |
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