And again - how would you think a new monetary system would evolve?
You really think the way it would is Like:
„Here, I made this new Willynilly-currency: I will set the Price for 100g of bread ...
No, you need to have network effects and a mechanism to control supply so that the amount in circulation roughly matches the goods and services on offer.
This is really hard so only governments currently can do it.
This is really hard so only governments currently can do it.
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