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RE: Why I support cryptocurrency

in #cryptocurrency7 years ago

I support cryptocurrency because governments and banks have made such a mess of fiat money. Most countries have huge debts and deficits. The banks acted like casinos a decade ago but I doubt that lesson has been learned and we will probably have to pay for another catastrophe in the future. Cryptocurrency seems like a better idea and it can't be any worse than fiat money.

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Actually I am trying to understand the economic part of cryptocurrency and the reason why it can keep governments and banks in check.