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Could Local Digital Currencies Improve Communities?

The Breakdown

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Money Is a Communication Technology

Money is a communication technology. It resembles language, democracy, law and telephone networks in that people use it to send sages. I don't think we're any closer to an ideal form of money than we are to an ideal language or government. That's why it's so exciting to live in an era of programmable money. We can strip the institutions to the studs and rebuild it in ways that have only recently been hard to imagine.

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