"The central idea here is that these cryptocurrencies operate on a strictly decentralized, peer-to-peer network — no crony plutocrats in a government agency, big bank, or any other sort of Fed administration have the power to regulate (read: manipulate) these kinds of currencies."
https://www.outsiderclub.com/could-digital-gold-backed-currencies-save-the-dollar-bitcoin-virtual-currency-inncoin-cryptocurrency/1121
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