This was the emergence of Bitcoin. It was structured in a way that where counter party risk was eliminated. No need to trust anyone. A bunch of anonymous computers around the world were incentivized to ensure the transactions in the ledger were recorded properly.
bzz...
You don't really think cryptocurrencies, with their claims (e.g. to overtake the role of money worldwide) and their impact on the financial industry, escape the attention of major intelligence agencies?
The fact that cryptocurrencies can continue to flourish relatively undisturbed is rather a pretty sure sign that these intelligence agencies have now found a way to influence the evolution of the cryptosphere and its cryptocurrencies in their favor.
Whoever controls energy prices also controls the values of cryptocurrencies. If energy prices explode as they are currently, the values of cryptocurrencies erode.
Chess. 😁
If that is the case, then you could say that for the entire monetary and financial system.
So you are claiming Russia and Saudi Arabia are the major money players in the world?
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You got it. Driven by the US and its pets. If it were not so, both would cease to exist in their present form.
What brings you to this very question? 😁