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RE: Cryptocurrency: Ledger Monetary System Succeeded Years Ago

in LeoFinance3 years ago

It kind of sounds like early DeFi as well. I would imagine that they would need liquidity to do "swaps" and stuff, so those dollars outside the US would facilitate that. It makes sense to me anyway!

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Liquidity is always vital no matter what the system. We see on H-E what it is like when there is low volume traded.

A lack of liquidity causes instability since it is not healthy for an economic/financial system to be non-resilient.

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