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How open source money fixes a corrupted banking system (youtu.be)

submitted 4 months ago by [email protected] to c/[email protected]

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An enlightening and high quality video on how money and the banking system work, why they are corrupted and what is the solution.

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[–] [email protected] 1 points 4 months ago* (last edited 4 months ago)

OK, two cryptocurrencies as legal tender. My point still stands. If you give people a choice between crypto and fiat they will use fiat, even if it's a foreign currency like the Dollar in El Salvador.

The solution for El Salvador or any other country using a foreign currency isn't to go with another foreign "currency" like Bitcoin but building their own currency.

El Salvador had their own currency until they gave it up because their leader back then was a US Puppet.