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RE: Once it was all about Bitcoin. Now it is all about BTC

in #bitcoin6 years ago

IMO., currency should only be a means of exchange. I define fiat on my blogs as a monopoly on the means of exchange usually implemented by the threat of force. I also think it's unethical and immoral to create the money as debt (usury) which is how most banks create it today. They loan money into existence and that is the root of most of the evil within the sphere of today's​money system.

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You don't have to take a loan which is made out of debt. I don't have debt only, the loans and debts other people forced on me, to buy the things they want for themselves.

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