Replying to unknown

This is a nice sentiment but not realistic.

Every single country in the world has a central bank cos that’s the only way they can control their currency. No Govt in their right minds is going to let go of that. For the foreseeable future we live in a world of central banks. Individuals can opt out of the system with BTC but not governments. We’ve got to work in this framework.
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🦊🔫🥩🏴‍☠️⚡ 1y ago

Governments will start opting out…do you think CFA Africa will continue the status quo, South America will be perpetual IMF debt slaves?

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a6
unknown 1y ago

I’m not sure. My feeling is that governments don’t see central banks as a negative. They see it as the only way of controlling their own currency. And monetary policy. As long as sovereign fiat currency is around central banks will remain to control it.