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Old 04-10-2013, 09:46 AM   #45
Arkie
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Quote:
Originally Posted by elsid13 View Post
You might want to go reread history and look at the banking crises of the 1800s to understand why there is central bank. Bitcoin follows that model pretty closely.
Because they thought one central bank could be less corrupt than hundreds of decentralized banks. Bitcoin is the only popular currency that doesn't require a trusted 3rd party. It can't even follow the banking crises models without actual banks. This is a new revolution.
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