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A comment on Facebook, Libra, and the Long Game. Parent comment
Because it solves the double spend problem [0] associated with digital currency without use of a centralized database.
I think that matters to people trying to avoid onerous capital controls or a government printing 31% of the money supply in a week [1]
[0]: https://en.wikipedia.org/wiki/Double-spending
[1]: https://www.bloomberg.com/news/articles/2019-02-05/venezuela...
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Because it solves the double spend problem [0] associated with digital currency without use of a centralized database.
I think that matters to people trying to avoid onerous capital controls or a government printing 31% of the money supply in a week [1]
[0]: https://en.wikipedia.org/wiki/Double-spending
[1]: https://www.bloomberg.com/news/articles/2019-02-05/venezuela...