Everyone's trying to create a stable coin but 1 BTC still equals 1 BTC. 
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Isn’t that roughly the same as having the same currency?
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Yes, perfectly so: "A world in which centrally banked money is optimally managed is comparable to a world in which bitcoin is effectively global legal tender, and a world in which all central banks value stabilize versus bitcoin. Each scenario is an expression of Ideal Money"
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Why not simply have the entire world use the same currency, if it’s so similar? Why the need for local Central Banks?
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Addressing the politically difficulty it is probably easier to force central banks to print asymptotically more stable money (in comparison with each other) than it is to convince them to dissolve.
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What if we entertain the idea that central banks collapse; what would be better in your view, fixed-supply Bitcoin or Private Central Banks issuing Stablecoins which compete against one another?
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Aren't Central Banks already private entities?
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some are. some aren’t. In any case, blockchains can allow anyone anywhere to start one
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