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A comment on It can all go to zero. Parent comment
> As a currency, assuming that its value stabilized
by pointing out that without a central bank, a stable value is literally impossible, because its price becomes entirely demand-driven.
That alone is enough to bring its hope of being a meaningful currency in stable society to zilch.
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> As a currency, assuming that its value stabilized
by pointing out that without a central bank, a stable value is literally impossible, because its price becomes entirely demand-driven.
That alone is enough to bring its hope of being a meaningful currency in stable society to zilch.