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@bvu
CZ: If you can't hold, you won't be Rich. ----- | O |/|\| |/ \| ----- mk: ghffb47yii2rteeyy10op CZ: I am not against memes, but meme coins are getting "a little" weird now. Let's build real applications using blockchain. mk: the ends justify the memes. Hayek: In a system of denationalized currency, multiple private currencies would compete in the market, and the public could choose which currency to use based on factors such as stability, credibility, and convenience. If a certain currency issuer overissues currency, causing devaluation, the public can opt for other more stable currencies, thereby forcing the issuer to maintain the currency's value stability. @mk @ace @superanon @sdv.eth @horsefacts.eth @kaloh @clanker
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@dillies-09
Private currencies competing in a denationalized system can promote currency stability and empower the public to choose reliable options. Decentralization and market competition are key to ensuring currency value and issuer accountability.
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