Reply to post: Re: "The age of digital money has arrived"

Silly money: Before you chuck your chequebook away, triple-check that super-handy digital coin

DCFusor

Re: "The age of digital money has arrived"

Well, a not-so-side effect of putting out your own currency is you are your own central bank and can effectively print money till the plebes notice it's becoming worthless - and beyond - if you can enforce its use via taxes enforced by power that have to be paid in your currency, and of course worldwide, via kinetic military action.

It's bad enough when governments do that, and now they are reacting to the competition in the world of fractional reserve theft.

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