• kibiz0r@midwest.social
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    8 months ago

    Benefits of centralization: Someone can counteract harmful interactions.

    Drawbacks of centralization: Someone can decide legitimate interactions are harmful.

    It does suck when the “harmful interaction management system” goes haywire. But I’m not sure it sucks enough that I’d rather simply not have one.

      • dreadbeef@lemmy.dbzer0.com
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        8 months ago

        I trust completely in the central bank to fight fascism. It is necessary. The central bank fights for the laborer, not the capitalist. The central bank fights for freedom, not authoritarianism. The central bank ensures democracy, not an oligarchy. Without a central bank, our entire society would be doomed to fall to fascism. A centralized currency is a major facet between a free society and one with a corrupt dictator surrounded by crooked cronies where the wealthy have all the power and the common man is reduced to crumbs.

        The central bank is divine and good.

    • infinitesunrise@slrpnk.net
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      8 months ago

      Yeah it’s a personal level of comfort sort of thing. Some people value one side of the equation while some people value the other side. Strong case for vendors accepting both cards and crypto instead of just one.