Comments by "Rune of Svalbard" (@vladimirofsvalbard9477) on "Swan Bitcoin" channel.

Bitcoin is a cute idea, but it fundamentally has the same problem that gold does. Top exporting countries eventually trade all their products for your gold. So naturally, nations would become imperialistic in pursuit of resources that could be exchanged for gold. Bitcoin is no different, only instead of a central bank or private bank; the bank is imaginary. Yet, the ones holding all the currency has immense power anywhere they live. If anything, crypto currency is more likely to begin a new feudal state, rather than emancipate people from governments. Instead of being beholden to government currency. You'll be beholden to a series of billionaires with a private army that have immense control over the areas that they reside in.
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