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The existing banking system? Goliath was better than David at fighting and he was not keen to learn rock-slinging. (I'm not implying David will always win though. It's unlikely.)


Plenty of central banks seem interested in launching digital currencies. For me the main selling points of cryptocurrencies are programmability, easy international transactions, and potentially easy micro-transactions. Personally I don't care much about the fact that they are decentralized, and while I'm happy for my bank to see my transaction history I'm not that keen on having it public.

If I could move my savings into a digital currency provided by a central bank I'd do it today. Bonus points if it can be stored in something like special drawing rights rather than euros.




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