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RE: Bitcoin Begins To Pull Back After Hitting $5000 USD - What This Means

in #bitcoin7 years ago

Surely this is an unbelievable milestone crossed, but probably is not making any difference to one way or another... For me the most interesting news on the crypto currencies at the moment is the plans of Estonia 🇪🇪 to launch their own crypto currency backed by the government, what you think about that @joshsigurdson?

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If it's backed by the government, it's not a cryptocurrency. But I know a lot of centrally planned cashless societies are popping up and these should be seen as nothing more than the enemy of free humanity. Stick to that which is not backed by anything else but scarcity and demand. :)

Alright, I didnt know this. Thanks for the advise dude, much appreciated!

Same as such thing called "European coin", isn't it? Who would do this right now?