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Category: Satire

If Bitcoin Would Replace Our Monetary System – in 10 Steps

  • By Micha Sprick
  • December 12, 2018
  • 1 Comment
1. The state declares that the dispute over Satoshi Nakamoto’s true identity is over and declares that the state is now Satoshi Nakamoto. Satoshi Nakamoto is represented by the central bank. Central bankers have no democratic legitimation and are chosen internally by other central bankers. 2. Miners are replaced by the central bank, Bitcoin developers […]