You are viewing a single comment's thread from:
RE: Switzerland exploring creating a Coercion backed cryptocurrency possibly called "e-franc"
There's a few countries now considering having their own cryptos. I know China is still build or are in process of creating their own crypto also? But. I like the uniqueness of this one, Coercion backed cryptocurrency. It would be interesting to see how this turns out.
yea seems like it destroys the whole point to give bureaucrats control over monetary policy for a crypto and the ability to run money printing presses again
You're right @greenblossom. When money is no longer an issue, do most parents send their children to private or public schools? They same will hold true for crypto. No one will care about these centrally controlled coins, but at least they will help bring an end to the federal reserve slavery note of the US.
not sure if it spells the end seems the fed and all central banks will just transform most likely, at least until they no longer have coercion to enforce their claimed valuations.