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Comment by sweetbitter

> The entire purpose of cryptocurrencies are to avoid those things, so while you technically could have them with a cryptocurrency, you would end up with no good reason to have a cryptocurrency at all.

I will substitute a word from your post that will help you understand this easier:

"The entire purpose of cash is to avoid those things, so while you technically could have them with cash, you would end up with no good reason to have cash at all."

Cryptocurrency is not antithetical to banks just like cash and gold are not. It is a digital version of cash, not credit.

parent sweetbitter 4 years ago

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