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RE: Hurdles for Cryptocurrencies
I think the centralized vested interests will see to it that the decentralized scenario you describe will never happen, by force if necessary :-)
I think the centralized vested interests will see to it that the decentralized scenario you describe will never happen, by force if necessary :-)
It has to exceed their control. They'll try to creat their own or buy whatever looks promising. The interesting thing about cryptocurrencies is that the cost of creating your own currency or an app on top of an existing currency is fairly low.