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    Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032328 times)
    cypherdoc (OP)
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    April 30, 2015, 04:44:06 AM
     #23241

    OK, it sounds like both ZB and you agree that Fedcoin could be made to work technically.   

    The question of whether the market would prefer it over Bitcoin is a different question. 

    That fedCoin is no competition to Bitcoin, really. The killer app is sound money and fedCoin isn't sound.

    this is the correct view.
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    If it's open to access for anyone and designed to dodge KYC, then anyone can be his own USD depository. So it's competition for entities storing USD for you (banks, exchanges,...). Using the fedCoin blockchain to store your USD definitely beats having it lay around at bitfinex (for example) and it also beats fed notes under the mattress, at least regarding security.


    i don't think Fedcoin ever gets this far.
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