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RE: Do You Understand Blockmason's Credit Protocol?
It's a free market phenomenon, so I'm not sure if it'll go away at all. Although I don't use credit facilities in any serious capacity, it's something that plenty of people use..
There is nothing free about this market or the issuance of debt in it. A free market would be competitive in the offerings made, without a central bank to set interest rates and without restriction on who can participate in the marketplace or the terms they can set. Additionally, a free market doesn't involve stealing from one group of people to inflate a specific set of assets or services (i.e. healthcare, education).