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The coming war between private and public monies

Economist Dawie Roodt sees a conflict headed our way, and it involves private money (like bitcoin) and fiat money backed by government (like the rand). It’s beginning to look like private monies will win this battle.

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Informative and interesting. I enjoyed Dawie’s futuristic outlook.

So governments are just going to sit back and allow their power to raise taxes disappear, eh?

Peer-to-Peer “Houston we have a problem” (most used option in Africa between individuals who trade face-to-face)

Crypto exchanges..
2 types.. Those that appear upon request for “crypto trading” and then vanish
Those that are “Peacocks” like Binance and Bitforex. Central bank / Tax Revenue authorities can freeze your crypto when you try to trade, if they decide for reasons

Crypto will force governments to be wise with taxes and social spending and corruption. Crypto’s that are independent will always be preferable to Central Bank digital “Crypto’s”

Finally the common person can “wrestle” fairly with the elite

Monero / Solana / Bitcoin

Note Ethereum (ETH) is hosted by AIS / AWS (Amazon)

..governments have a chance to behave properly with taxes and debt

End of comments.

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