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RE: Digital Currencies Don't Need Government Backing

in #cryptocurrency4 years ago

From his arguments there are a lot of bias or his knowledge is limited. I will like to believe it's a bias instead.
Cryptocurrencies are able to do the 4 functions mentioned above and more.

Don't be surprised this guy might have a huge stake in the crypto industry.
Well, nice debunking.. I hope he sees it

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Thanks. Petraeus IS biased. Biased towards centralised authority, state power, and stability.

Ironic, really, given that blockchain tech can and will be turned towards those ends sooner or later. I sense he's simply reacting to the spirit of crypto development, prioritising decentralisation, independence, and freedom from the state and bankers—everything he despises.