ecurrencyhodler
Aug 24, 2017 · 1 min read

Haha you should rewrite this into your own post.

However, I must disagree with each bank getting their own ecoin. I also believe that if fiat is directly tied to a blockchain coin, that doesn’t mean it’s impervious to a bank collapse or financial crisis. The reason is because the same source of value that would have been placed on the fiat is now simply transferred onto their new coin.

IMO, cryptocurrency is not designed to support old financial institutions but create new ones.

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    ecurrencyhodler

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    Call me "E" for short. I write to learn. Follow me on Twitter: @ecurrencyhodler