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RE: Today I Learned : The War on Cash is Real

in #til8 years ago

I guess you've made your move in anticipation of the potential deterioration effects the war on cash could have on "developed economies" and no surprise that cryptos is half the answer. I still don't understand the point of private chains, it sounds not much different than a distributed database maintained by the issuing institution and their friends..

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Yup.. that's government ;)
Private / consortium so they can change the details whenever, without needing a 51% consensus..