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Transition and Transformation with LaserHodl

Bitcoin Rapid-Fire

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Is Money a Distributed Mechanism of Coordination?

Money is very much like a it's a distributed mechanism of coordination. But the difference in application, that oism creates order by the emergent behaviour of all those who use it. The latter is a single source of co ordination that becomes imposed on everyone downstream of it. And so when one is relatively diminished, the other has to come up - and i would say centralized governments are at number two.

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