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I’m very pro bitcoin but here’s something strange I realised recently.

As bitcoiners we talk about bitcoin being anti-fragile as a decentralised protocol but we also want it to replace all fiat and become the global reserve currency thereby hugely centralising the whole financial system onto a single form of money. 🤔

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Christian Lacdael 1y ago

Stops Fraud.

If the central settlement system was cryptographicly secured, fake bonds would be impossible, and the national bond yeild and currency trading we currently have would look very different.

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