re: Do you know of any effective Blockchain use cases? VIEW POST

re: No, I say that currencies are backed by a central authority. And that's a constant in human history. And that's also the characteristic of currenci...

False. Currencies were not backed by central authority before the decline of golden standard in 20th century. Before that, every bank note and every coin was exchangable for a piece of gold if the currency was based on gold standard. No central banks existed! Also no hyperinflations... Fiat is the largest scam ever made.

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