Post
Topic
Board Economics
Re: One-world reserve currency inevitable and will enslave all nations?
by
username18333
on 08/05/2015, 06:21:50 UTC
I thought about all these mechanisms before and I came to the conclusion there is no way to have  decentralized physical backing for a crypto-coin.

Inside the GEC economy, anyone may spend entire exacoins to themselves at anytime; however, to do so would be to make everyone quintillion-aires, for others would soon follow suit. (In other words, it is the reality of others' "following suit" that, ultimately, regulates the inflation of the GEC economy.)