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If this comment means "the current transition to crypto is likely to fail" then we agree.


Many central banks including the Fed are looking into CBDC's. While not quite the same as the distributed consensus based algorithm of Bitcoin, there are too many benefits to governments/central banks to ignore the technology.

The question is not whether cryptographically secured algorithmic money will be a part of future monetary systems but who will control the algorithm and/or how will different systems compete with each other.




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