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CryptoNoNo | 1 year ago
Our current fiat system is a highly tuned PoS system with a ton of mechanism in place like you said.
Us military, printing technology, money laundering, international agreements etc.
Bitcoin and crypto is not solving any of those things in real life for real people.
Bitcoin already fails hard at simple but critical tasks like getting your money back when you loose your key.
And as soon as you want to exchange anything in the real world you need the real world PoS system anyway like contracts or a law system.
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