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RE: Maduro Just GUARANTEED Venezuela Will Have a New President VERY SOON! Here’s Why.
gov crypto is centralized by definition hence supply of such crypto token can and will be increased by these distinguished officials (irrespective of any supposed 'backing'). Thus leading to a same situation as with bank notes i.e. inflate inflate. In contrast to decentralized BTC which has (very) limited, uncorruptable supply limit. There is no fundamental difference between gov crypto and fiat. It is simply fiat crypto
Exactly. Good point.