[2016-9-28] Global reserve currency - Special Drawing Rights vs Bitcoin

[newsatbravenewcoin]

Earlier this month, the G20 summit was held in China. One of the more interesting topics discussed, was the addition of Chinese yuan to the International Monetary Fund Special Drawing Rights. The topic is rather important, but it doesn't seem to be discussed all that widely in the crypto community.

http://bravenewcoin.com/news/global-reserve-currency-special-drawing-rights-vs-bitcoin/

[Carlton Banks]

Special Drawing Rights is not an asset, it's just another fiat token, printed by sovereign loan-sharks the IMF.

Loan sharks, who work in conjunction with propaganda (corporate media), military invaders (NATO and other aggressive military forces) and political coups (CIA, MI6 and the rest) to promote "demand" for their loans? Would you trust any kind of loan shark to print your money, let alone the most egregious loan shark that has ever existed?

[notthematrix]

 The monetary fiat system is a monster NOBODY can control.
it acts like a cancer and need to grow for ever to stay alive killing all earths resources most leaders know this but cant do anything about it.
they just hope and wait some alternative grows so strong we can all abandon the fiat money system so this endless grow to keep it running is no longer needed.
this has noting to do with emotion but with balance.
the concept of leader is a illusion in the end they control as much as we do 
the concept only serves to make people feel more at ease abandoning own responsibility.
a leader does not lead you , you just trust he/she assists you but you still are responsible to see if everything goes well.
so there is a limit in social centralization here!
This limit can be solved with trustles  models no individual or small group can control.