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Oh I see. Bank/corporation owned currency is a weird concept....



What do you mean? Obviously if they can create their own blockchain they can issue their own currency, too. It's just a book of who has how much.


Blockchains only improve the efficiency of permissionless system. If you're going to create an in-house currency, it would be idiotic to use something as un-scalable as a blockchain.


What makes Bitcoin, not an in house currency, also not idiotic in your case?


Permissionless ownership.


Instead here your gatekeepers are speculators and miners and early adopters.


The 'gatekeepers' are anyone who has bitcoin.


Even further, there are no gatekeepers...


It sounds like something you'd find in a cyberpunk novel.




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