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    610 months ago

    They will be the only way to transact without being surveilled or without requiring the permission and approval of banks, payment providers, and governments. They will continue to displace banking systems in parts of the world where those are corrupt and do not have basic functionality. They will continue to enable people to do business and cooperate across borders. If we remain long enough without a unified world government, I believe the credible neutrality of cryptocurrency, which is higher than any fiat currency can have, will likely cause one of them to become the global reserve currency.