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Sabbath

11,732 Posts.

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14/08/19

16:08

Post #: 39992105
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Originally posted by Osi ↑

The new world economics as I see it has blockchain asset backed tokens replacing fiat currency as a medium of exchange for some large transactions.

The security issues will be sorted and sovereign governments will control it, starting with the Gulf States.

Sitting by the side of the asset backed coupons will be fiat cryptos, again controlled by governments and perhaps starting with the PBOC.

All the "middle men" lose their jobs.

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Does that mean my cash under the bed will be worthless?
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