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Comment by motohagiography

I was part of some discussions some years ago about a GovCoin for handling budget allocations in the public sector, which is essentially a planned economy where the over-educated manage the under-educated. If you ever want to see polarized inequality, it's a kind of intellectual feudalism. My impression is a cryptocurrency failed because it would work a little too well.

It was only then I learned that all processes are mere pretext for the discretion of the people who control them. How naive I was. :)

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