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RE: Your Bank Has A Gambling Problem

in #money7 years ago

I assume a crypto lender will rise if cryptocurrency takes over. Of course, rates would reflect true market preferences instead of central bank desired outcomes. The invisible hand of Adam Smith in charge again.

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Cryptos are turning the system on it's head. Going to be ugly before change can happen. Hard assets will be revalued as currencies are devalued. Then to address a new credit rating system.