Isn’t that roughly the same as having the same currency?
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Talking about central banks "collapsing" is not something I'm willing to entertain either. It's not how banks work. Its how bitcoiners that don't understand bitcoin and banks talk about banks.
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Maybe. But banks collapsing "en masse" is surely a possible, even likely, scenario.
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It's only likely and plausible if you don't understand how banks work. So I would like one of you claiming this scenario to declare when you understand how central banking works?
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The financial system can function without Central Banks. Check Selgin’s writing on privately-issued currencies in Canada and Scotland in the past
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You are telling me to read Selgin's work now?
End of conversation
New conversation -
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You are confused. And I have no interest in speaking to a hypothetical future that completely skips reality. You can talk about a time where we are all brains uploaded to the internet but what good is that?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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