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Basic Questions about Cryptos / Re: Antonopoulos- we should separate money from the state
« on: Today at 09:49:14 PM »In the part about censorship resistance, he drops this gem:This is also what Satoshi wanted when he created BTC: a currency that is not dependent on any individual or organization. However, this is quite difficult to achieve for many reasons, and at present we do not see BTC becoming a currency, it is still considered a commodity, asset or investment related to technology.QuoteMaybe in a few years, we will come to the conclusion that we should separate money from the state for the same reason we separated the church from the state
Governments will not give up their right to print money because the right to print money is as important as the right to control the army. The right to print money allows governments to manage the economy in the way they think is best for the time being, even though it always creates serious inflation. I think we still have to accept one fact in near future: crypto will not be able to replace fiat, crypto will temporarily remain just an investment tool while blockchain gradually becomes a data storage technology.