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Other => Politics & Society => Topic started by: argio on June 23, 2018, 06:29:17 PM



Title: xxx
Post by: argio on June 23, 2018, 06:29:17 PM
xxx



Title: Re: End of central banking & cryptocurrencies taking over sovereign currencies
Post by: Bennix on June 23, 2018, 09:16:39 PM
Cryptocurrency is the end of central banking because with it you don't need any third party. The decentralized feature of cryptocurrency makes it impossible for central authority to have control over crypto.The cryptocurrency is the power masses have to financial freedom because there will be no more governmental manipulation on it and the anonymous Factor it makes it impossible for the central authority to the details of some ones financial status.


Title: Re: End of central banking & cryptocurrencies taking over sovereign currencies
Post by: WillyAp on June 23, 2018, 09:37:52 PM
Cryptocurrency is the end of central banking because with it you don't need any third party.

That is called wishful thinking isn't it? Cryptocurrency could actually disappear faster than many think. The weakest point of crypto is also its strength.
The lack of control. Weakest because the lack of control makes default so easy when wallets go lost, "get hacked" or else. Once trust is lost BTC and all other will loose value over a long period.