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Hayek cryptocurrency | We have a clear disdain for the serfdom from long ago� and yet how different are we, those of us who toil under the modern banking system? Friedman argued that single currencies hold a big advantage because they save so much time and money versus a multi-money regime. This eliminates the need for intermediaries such as banks, reducing transaction costs and increasing efficiency. If it wins, the debate is settled. And all this without a single goddamn government license relevant among any of it. |
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