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submitted 9 months ago by misk@sopuli.xyz to c/technology@lemmy.world
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[-] General_Effort@lemmy.world 2 points 9 months ago

The big difference is that crypto is "decentralized". Traditional currency is, to some extent, controlled by a central bank. The CB seeks to ensure price stability.

Digital cash schemes are much older than bitcoin/crypto. It's not "crypto" just because it's digital money.

this post was submitted on 09 Feb 2024
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