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RE: Americans Are Getting Increasingly Skeptical Of Government (74%), Accepting Of Cryptocurrency (8%+)

in #bitcoin6 years ago (edited)

As people lose trust in government's monetary policy, they will obviously turn to unregulated currencies in the same way black markets exist for contraband. The real question needs to be about the externalities of cryptocurrencies as compared to "regular" money. I somehow doubt that most people who voted in favour of crypto are aware of its potential for misuse, high energy consumption and more.