4 Comments

  1. It'll be interesting to see if there's any real functional difference between central bank issued fiat and cryptos. Otherwise, the institutions are still compromised by their methodology, as de-centralization (peer to peer networking) and proof of work, are the key principles as to why Bitcoin has appreciated in dominance. Higher speed and volume of transactions on Bitcoins algorithm would reduce security, and increase the likelihood of its code being compromise from outside attacks. Any causal system, store of value, or standard of weight and measure should always be made as a permanent, and incorruptible rule of law in order to protect its integrity, as a function of generative growth, and ordered life. Greed, corruption and the death of Civilisation go hand in hand with the fraudulent use of universal standards of weight, measure and value. It leads to both corrupt monetary values or policies, and the objective devaluing of human life.

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